Internet company Baidu's (Nasdaq: BIDU) online web directory site, Hao123, recently launched a new channel (zhekou.hao123.com) that aggregates discounts from major B2C sites.
In order to ensure quality and eliminate fraud and counterfeit goods, all merchants must undergo an audit by Baidu. The channel currently has discounts as high as 90% off, with 80% of deals at 50% or higher. Some merchants also provide coupons. Hao123 plans to continue adding more products and refining product categories and also to add on-deck search functionality.