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Baidu Inc To Buy Mobile App Store For $1.9 Billion From NetDragon Websoft Inc-DJ


Monday, 15 Jul 2013 10:19pm EDT 

Dow Jones reported that Baidu Inc said it would buy one of China's mobile app stores for $1.9 billion as it ramps up to compete for business from China's growing population of smartphone-carrying consumers. Baidu Inc. said in a statement that it signed an agreement to buy 91 Wireless Websoft Ltd. from China's NetDragon Websoft Inc. 

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