Baidu pays $1.9 billion to acquire Wireless 91

Most people consider Baidu as the Chinese answer to Google and the company did make the headlines last year when it launched its mobile browser and also enabled offline maps for the Windows Phone.

The Chinese search engine giant has now made another effort – it has paid $1.9 billion to NetDragon, a mobile web and games firm. The payment has been made to acquire 91 Wireless, the Chinese app distributor. Baidu also plans to buy any remaining dividends from the shareholders of the company.

There has not been much news from Baidu about its exact plans for the future. However, Wireless 91 is still behind the various app stores that have contributed to more than 10 billion downloads.

China is one of the most rapidly growing mobile markets and Gamevil has also made its entry into the Chinese mobile market. PapayaMobile also launched an SDK to support local in-app purchases and operator billing.
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