Baidu Inc, China's dominant Internet search provider, has said it would invest $3.2 billion over the next three years in online-to-offline services, while property conglomerate Dalian Wanda Group said last month its entertainment arm would lead a $1 billion investment in a travel website.
location_of_formation: Wanda Group, Dalian; industry: Baidu, Internet; industry: Wanda Group, conglomerate