Star Beauty Holdings today announced that Baidu, Hopu tianan insurance and total spending of HK $ 450 million stake in stellar holding 600,000,000 new shares, subscription price of HK $ 0.75 per share, accounting for 4.8% of enlarged issued share.
Culture media this is Baidu's first investment in the Mainland and Hong Kong listed companies. After the shareholder, Star Beauty holding entered into a business collaboration agreement with Baidu, mainly about Star Beauty holding tickets to the exclusive cooperation and through ticketing financial subsidies.
Baidu stellar will be holding open all our resources, including search map and location, and provides comprehensive technical support and new product research and development collaboration, online financial products such as chips, and stellar Baidu signed a card sales and advertising support.
Baidu beauty with the stars holding online and offline comprehensive business cooperation and online payment will also be closely integrated.
Baidu stellar area of cooperation will be extended to entertainment products, ticketing partnership, advertising, technical support, product development, life balance of services and products, wallets, payment and banking products, search engines, Google map, all superior products.
It is understood that on the eve of Baidu shares Star Beauty Holdings, Baidu have pushed United Star Beauty holding "Star Beauty Baidu signed a card", Baidu's claim to "recharge online and offline consumption" business model to create new film O2O ecology.
Present at the press conference, Vice President of Baidu Katsura said in his speech, compared to traditional counter tickets Tickets on the Internet and online seat selection more convenient, relevant institutions, O2O is no longer the future, but right now there is an urgent need to address the problem.
