Exclusive: Baidu's auto venture to invest $7.7 billion into smart cars over next five years - CEO

BEIJING (Reuters) - Jidu Auto, the electric vehicle venture between China's tech giant Baidu and Chinese automaker Geely, aims to pour 50 billion yuan ($7.70 billion) into making smart cars over the next five years, Jidu's chief executive told Reuters on Friday. Xia Yiping said Jidu would aim to launch...