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20 September 2017

Li to focus on Baidu Capital

Jennifer Li, CEO of Baidu's corporate venturing arm, has stepped down as the group's chief financial officer, with Herman Yu joining from Weibo to take the role.

Author: Callum Cyrus, Reporter

Jennifer Li, chief executive of China-based internet group Baidu’s $3bn strategic investment arm, Baidu Capital, has stepped down as the company’s chief financial officer, Reuters reported on Monday.