Rumor: Tencent Acquires Aibang
TechWeb, 2/23/10
Liu Jianguo, CEO of Chinese local search services provider Aibang, has denied rumors of its acquisition by Chinese internet company Tencent (0700.HK).
According to an industry source, Tencent has acquired Aibang to be integrated with Tencent's own search engine Soso. After the merger, Aibang CEO Liu Jianguo will become part of Soso's management team.
An Aibang marketing executive had no knowledge of any such deal.
Keywords: Liu Jianguo Internet local search Soso Tencent Aibang 0700.HK online search M&A
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