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Baidu (BIDU) is forming a Chinese mobile content distribution JV with NTT DoCoMo (DCM). DoCoMo...

Baidu (BIDU) is forming a Chinese mobile content distribution JV with NTT DoCoMo (DCM). DoCoMo is investing $22.5M to obtain a 20% stake in the JV, whose first offerings will be games and related services from Japanese developer DeNA. A JV between Baidu and Japan's Rakuten recently unraveled, and the company's international moves generally haven't gone well. But the DoCoMo tie-up does play into Baidu's efforts to build a strong mobile developer ecosystem.
Comments (1)
  • (BIDU) we sold the top 170
    a year back doubt it makes it back
    Great stock 2007- 11 for us 600+% profit
    but large computer search
    going the way of the DoDo
    China growth now only 7.6%
    unless easing juices markets
    We will stay away,
    14 Jul 2012, 04:57 AM Reply Like
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