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August 12, 2014
07:46 EDTCNET, BIDUChinaNet Online signs $26M agreement with Baidu
ChinaNet Online (CNET) announced that it has signed a collaboration agreement with Baidu (BIDU). ChinaNet cooperates with the major search engines to perform search engine marketing and related value-added services for its clients. In order to secure and further enhance the business relationship with Baidu, the company has signed a two-year agreement with Baidu for approximately $26M to optimize the search advertising campaigns run on behalf of ChinaNet's clients through Baidu's search engine.
News For CNET;BIDU From The Last 14 Days
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November 17, 2015
06:12 EDTBIDUBaidu to partner with Citic Bank to launch online bank, Financial Times reports
Baidu will partner with Citic Bank to launch an online bank, reports the Financial Times. China Citic Bank had suspended its shares in Shanghai and Hong Kong on Monday pending announcement of a "proposed external investment" while Baidu said it would make an announcement on Wednesday. Reference Link
November 15, 2015
13:12 EDTBIDUBaidu shares look attractive on O2O potential, Barron's says
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November 12, 2015
08:29 EDTBIDUPerfect World rumored to buy literature business back from Baidu, Marbridge says
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November 11, 2015
18:45 EDTBIDUGoogle may face competitive hurdles in China, WSJ says
Google (GOOG) could face intense competition in China even as it looks to secure government approval to launch its Google Play mobile app store in the country, reports the Wall Street Journal. After pulling its services from China roughly five years ago over censorship issues, local rivals Baidu (BIDU), Xiaomi, and others have gained significant footholds. Sources in the Chinese internet industry told the Journal it "shouldn't be too difficult" for Google to obtain regulatory approval for Play, and the app store may in fact be Google's best chance of penetrating the region, given the high fragmentation and security issues of local offerings. Reference Link
12:23 EDTBIDUPerfect World said in talks to buy reading arm from Baidu, Bloomberg reports
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