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WM Motor to get funding injection from Baidu Capital

WM Motor, a Chinese electric vehicle startup, said it has received a sizeable injection from a group of investors led by Baidu Capital, the investment arm of Baidu Group, Yicai.com reported. Without disclosing the exact amount of the injection, the company said it has raised over 12 billion yuan in its three-year life. Shen Hui, […]