Jul 01, 2010
According to industry sources, Chinese internet company Baidu (Nasdaq: BIDU) recently settled on a strategy to develop a browser business, in which it will invest RMB 5 bln over the next three years.
Baidu has not yet commented on plans for the browser business.
SendingThe information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.
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