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Baidu (BIDU -1.5%) sells off a bit following Youku.com's (YOKU +13.7%) and Tudou's (TUDO +147%)...
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Monday, March 12, 2012, 11:21 AM ETBaidu (BIDU -1.5%) sells off a bit following Youku.com's (YOKU +13.7%) and Tudou's (TUDO +147%) merger announcement. There could be fears the combined company, which will have a YouTube-like dominance of the Chinese online video market, will thwart Baidu's own online video ambitions.
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