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Baidu Joins China Cab-Hailing Market With Uber Purchase

China’s top three internet companies are competing by proxy through their stakes in the domestic car services market following Baidu’s undisclosed investment in Uber earlier this week. Internet giants Alibaba and Tencent are already backing taxi-apps Kuaidi Dache and Didi Dache respectively. Users of Chinese taxi-apps are expected to number 45 million by 2015, and local […]

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Baidu Invested in and Became Largest Investor of DigiOne, Cellphone Direct Distribution Service

Baidu invested in and became the largest investor of DigiOne, a mobile Internet service which distributes cellphones to nearly 70,000 cellphone stores (report in Chinse). DigiOne have secured Series A financing from Shenzhen Capital Group and ZSVC in 2011. Founded in 2006, DigiOne distributes small amounts of cellphones to small- and medium-sized stores directly, lowering the retailing price of smartphones at […]

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Baidu Launches Light App, or WebApp, Strategy

At its annual show for technology and innovation today, Baidu announced ‘Light App’ strategy. According to Baidu’s introduction, you don’t need to download a Light App but can use it directly after it shows up as a search result — sounds just like WebApp. So app developers have to convert their native apps into a WebApp […]