News Flash: Baidu is paying $1.9 billion to buy 57.41% of the - TopicsExpress

News Flash: Baidu is paying $1.9 billion to buy 57.41% of the largest 3rd party Android app store in China - the "91", which is a subsidiary of the public company Net Dragon. This is the largest M&A , previous record was held by Yahoo buying Alibaba with $1B in 2005. Since founded in 2007, it has now 10 billion downloads. Baidu now expands beyond search engine! Congrat to my COO&CFO friends at 91~!

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