
Baidu shares have fallen 18% over the last quarter as investors worry that the search giant won?t be able to monetize its mobile business quickly enough to outpace domestic competitors like
Qihoo 360 and
Tencent Holdings. But Baidu, known as China?s Google, is confident that it will be able to remake itself as a platform provider for both mobile and PC.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/JoeNtwc21IE/
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