Baidu chairman and chief executive Robin Li is the mainland's richest person. Photo: Xinhua

Baidu cautious on acquisitions as giants rush to strike deals

While Tencent and Alibaba set the pace on acquisitions, the search giant is easing up as it hones a strategy that favours controlling stakes

Topic |   Tencent
Baidu chairman and chief executive Robin Li is the mainland's richest person. Photo: Xinhua
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