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Baidu.com, Inc. (ADR) (NASDAQ:BIDU) Plans to Compete Youku Tudou Inc (ADR) (NYSE:YOKU)
The CEO of leading China’s search engine firm, Baidu.com, Inc. (ADR) (NASDAQ:BIDU) Robin Li declared that they prefer buy to build, in time when he explain premier Chinese search engine’s growth strategy during an analyst call previous month. Now he put those words into action, Baidu released that it is spending about $370M to buy…