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Baidu Makes $11.5 Million Investment In Mobile WiFi Company

Baidu wants a mapping service. Rumors have it making a play for Nokia's Here, and now TechCrunch reports China's No. 1 search engine led a $11.5 million investment in Qianhai Mobile, a company responsible for getting local commuters online. The investment puts Baidu in the public WiFi space, with plans to jointly develop and monetize mobile app distribution and other mobile passenger services powered by Baidu Map, according to TechCrunch.

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