Marbridge Daily

<- June 14, 2012 ->

Rumor: Baidu to Acquire UC Mobile

IT xinwen, 6/14/12

According to an informed industry source, Chinese online search firm Baidu (Nasdaq: BIDU) will acquire mobile browser developer UC Mobile, in a move to increase its mobile internet traffic. Hao123, Baidu's PC online web directory site, has lost increasing market share to Chinese online security software developer Qihoo 360's (NYSE: QIHU), while Baidu currently has no share of the mobile browser market: conditions that, comparatively speaking, make Baidu most in need of UC at this time. According to Baidu Mobile's ( data analytics, in Q1 through Q4 of 2011, UC Mobile's UCWeb mobile browser accounted for 33.2% of total third-party browser page views, while Tencent's Mobile QQ Browser accounted for 14.8% and Norwegian browser developer Opera accounted for 1.0%, indicating that over 30% of traffic for is derived from UC. Unofficial reports put this number even higher, at approximately 70%.


Keywords:  wireless  Baidu  BIDU  mobile browser  UC Mobile  UCWEB  M&A 

Please note, all fields are required.
None of your personal information will be shared with third parties.

Please enter your name

Please enter a valid email address
(City, Country)
Please enter your location
(Please leave empty)

You need to enter a message
Drop Shadow