Baidu to Buy 91 Wireless for $1.9 Bln

Baidu has agreed to buy 91 Wireless Websoft from NetDragon Websoft Baidu, which is paying $1.9 billion, is buying the 57.4% stake owned by NetDragon and remaining shares from other shareholders. 91 Wireless is one of China's top three app stores by monthly users, Reuters said.

14 August 2013•5 mins read
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