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Baidu Unlikely to Invest in E-Commerce
TechWeb, 5/31/12
Tang Hesong, GM of Chinese internet company Baidu's (Nasdaq: BIDU) business development department, recently said that e-commerce will not be a major investment focus for the company, explaining Baidu is a media platform and e-commerce requires a transaction-based platform, which would make it difficult to enter the market.Read More
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