USEUROPEAFRICAASIA 中文双语Français
Home / Business

Titans nab apps and grab maps to fill the gaps

By Meng Jing | China Daily | Updated: 2014-03-06 07:17

Domestic Internet giants are on a merger and acquisition spree as the nation is moving fast into the mobile era, reports Meng Jing

Would you consider buying a startup with just 50 employees for $19 billion? Mark Zuckerberg, co-founder and chief executive officer of Facebook Inc, the world's largest social network, did just that in late February.

The real motivation for the lofty price was the fast-growing mobile messaging service called WhatsApp.

Titans nab apps and grab maps to fill the gaps

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US