Baidu shopping to beat Google
New Zealand Herald (Free subscription) | 06/23/2009
... Holdings."If they now start thinking about making acquisitions, it makes very good sense," said Eric Wen, an analyst at Mainfirst Securities Hong Kong. The company is likely to buy web businesses outside of the search market and may seek additional investments in Japan, where it started operations last year, Wen said.Baidu faces rising competition in its main business, with Google forging...
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