baidu 91 wireless deal epitomizes mobile internet scramble
Last Updated : GMT 21:09:59
Arab Today, arab today
Arab Today, arab today

Baidu, 91 Wireless deal epitomizes mobile Internet scramble

Arab Today, arab today

Arab Today, arab today Baidu, 91 Wireless deal epitomizes mobile Internet scramble

Beijing - XINHUA

The attempt by China\'s biggest search engine, Baidu, to buy a leading apps platform epitomizes Chinese Internet giants\' quickening steps in mobile Internet, even though some question if the company to be bought is worth the price offered. NASDAQ-listed Baidu Inc. announced on Tuesday its bid to buy all equity interests in smartphone apps distributor 91 Wireless Websoft for 1.9 billion U.S. dollars. The deal, if completed, will mark China\'s biggest merger and acquisition in the Internet market after Yahoo\'s 1-billion-U.S. dollar deal with Alibaba in 2005. Analysts viewed the alliance as complementary in that Baidu will promote 91 Wireless\'s smartphone app distribution systems, and in return, Baidu will be better able to contend for a position as a leading access portal for mobile Internet. \"Through the acquisition, Baidu not only gains access to app distribution, it will also attract around 100,000 app developers to its own platform in the future,\" according to Ge Jia, an Internet analyst who was quoted in a Tuesday report by the Beijing News. Ge said that digital mapping, voice, and app distribution represent the three battle grounds in the mobile Internet market in the future, and the deal could turn around Baidu\'s current disadvantages in a market that already boasts strong rivals including Tencent and Alibaba. On the same day as Baidu\'s announcement, China\'s e-commerce giant Alibaba also confirmed that it has made a strategic investment in outbound travel site qyer.com, as it seeks to boost its travel offerings, including plane tickets and hotels, on its marketplace site Taobao. Industrial analysts even labeled this year\'s mergers and acquisitions in the Internet industry as major players\' efforts to split the mobile Internet market and obtain a lion\'s share. In May, Baidu announced its plan to buy the online video business of PPS in order to rival industry leader Youku Tudou. Just one month earlier, Alibaba revealed it would take an 18-percent share in Sina Corp\'s microblogging service Weibo and a 28-percent stake in digital mapping company AutoNavi Holdings Ltd. Ge Jia said that Baidu expects to attract large numbers of advertisers through its purchase of 91 Wireless. Data shows that 12.9 billion apps had been downloaded through 91 Wireless\'s two leading smartphone app distribution platforms in China as of Dec. 2012. However, some believe that the 1.9-bln-U.S.-dollar tender by Baidu is too high for a company with an estimated value of only 140 million U.S. dollars two years ago. \"Baidu has no better choices because its strategic arrangements for the mobile Internet came too late and it has been at a disadvantaged position. So it is seeking to change the status quo through the costly deal,\" said Wang Jun, a mobile Internet analyst with Analysys International. Data from the China Internet Networks Information Center show that China\'s online population reached 564 million as of the end of last year, with more than 74 percent of them, or 420 million, using cell phones to access the Internet. \"The Internet giants will not miss any opportunity amid the boom of mobile Internet,\" said IT commentator Hong Bo. In a report published Tuesday by the China Business News, Hong said that Alibaba\'s advantages lie in its strong capabilities to do business, while Tencent has flagship apps including WeChat, a free app that enables all-round communications in text, voice, picture and video form. However, the commentator added that with advantages in technology, Baidu is also seeking to become a titan in app distribution through the acquisition of 91 Wireless.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

baidu 91 wireless deal epitomizes mobile internet scramble baidu 91 wireless deal epitomizes mobile internet scramble

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

baidu 91 wireless deal epitomizes mobile internet scramble baidu 91 wireless deal epitomizes mobile internet scramble

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today PNG police start removing refugees

GMT 03:00 2017 Friday ,24 November

PNG police start removing refugees
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria congress to go ahead

GMT 02:24 2017 Friday ,24 November

Syria congress to go ahead
Arab Today, arab today IS media offline for a day

GMT 02:10 2017 Friday ,24 November

IS media offline for a day
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Human form of 'mad cow' disease

GMT 00:11 2017 Friday ,24 November

Human form of 'mad cow' disease
Arab Today, arab today British woman jailed in Iran to appear

GMT 03:19 2017 Friday ,24 November

British woman jailed in Iran to appear
Arab Today, arab today 'Trash islands' off Central America indicate

GMT 20:19 2017 Friday ,24 November

'Trash islands' off Central America indicate
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mitsubishi Materials units falsified product

GMT 03:24 2017 Friday ,24 November

Mitsubishi Materials units falsified product
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Solaf happy for participating in “Hotline”

GMT 07:56 2017 Wednesday ,22 November

Solaf happy for participating in “Hotline”
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 09:12 2017 Thursday ,23 November

4 in 10 cancers due to modifiable risk

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday