Seeking Alpha

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.
From other sites
Comments (1)
  • remurraymd
    , contributor
    Comments (2287) | Send Message
     
    (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
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs