Wednesday, July 17, 2013

Baidu Agrees To Buy Chinese Android App Distributor 91 Wireless For $1.9B

Screen Shot 2013-07-15 at 8.44.15 PMHere's a sign of how valuable China's biggest alternative app stores have become. The country's leading search engine, Baidu, just signed a memorandum of understanding to acquire 91 Wireless for $1.9 billion from NetDragon.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/tPiBNnYF_5o/

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