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每日视频新闻:沪指盘中诡异暴涨 光大证券承认系统出错

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Baidu to buy NetDragon's 91 Wireless for $1.9 bln
百度19亿收购91无线 互联网最大并购案

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A huge deal in China’s IT space -- in fact, the biggest ever. Chinese search giant Baidu is snapping up Android app distributor 91 wireless for 1.9 billion US dollars. The deal is seen as boosting Baidu’s mobile internet footprint -- but as Wang Yiqian explains, there are concerns about valuation.

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A record $1.9 billion dollars. That’s how much Baidu values the Android apps business. Buying 91 wireless will give the search giant 100 million users on the IOS and Android platforms.

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With some tech watchers wondering if Baidu is overpaying, Baidu’s vice president defends the value of the investment.

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Li mingyuan, VP of Baidu, said, "I think it’s a worthwhile investment. The acquisition of 91 Wireless would strengthen our mobile app distribution capability. I think our customers would also get a better experience through search and download apps. "

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Tech analysts say Baidu is playing an expensive game of catch up in the mobile internet space. The trio of tech giants dubbed BAT--Baidu, Alibaba and Tencent--have been on buying sprees this year. So far, Baidu is seen as lagging--hence the aggressive acquisition. 91 Wireless was valued at just 350 million US dollars in April when it sought a listing in Hong Kong.

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kVJ%czsFk3+[NVcDVYg2b,=MaNRLAwKv,U.POoU 内容来自:可可英语 //m.moreplr.com/menu/201308/252714.shtml

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confirmed [kən'fə:md]

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adj. 习惯的,积习的,确认过的,证实的 动词conf

 
securities

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n. 有价证券;担保;保证人;抵押物(security的

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n. 爆炸,爆发,激增

 
surge [sə:dʒ]

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n. 汹涌,澎湃
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n. (辩护)律师

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