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Baidu Pays $1.9 Billion in Biggest Takeover to Gain Mobile Share

16 July 2013

<via Bloomberg> July 16 (Bloomberg) — Baidu Inc., owner of China’s largest search engine, agreed to buy app store 91 Wireless for $1.9 billion in its biggest announced acquisition to gain a greater share of the mobile user market. The company will acquire the majority stake owned by NetDragon Websoft Inc. and all other shares, […]

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