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Baidu Agrees To Buy Chinese Android App Distributor 91 Wireless For $1.9B

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http://techcrunch.com – Here’s a sign of how valuable China’s biggest alternative app stores have become. The country’s leading search engine, Baidu, just signed a memorandum of understanding to acquire 91 Wireless for $1.9 billion from NetDragon. 91 Wireless runs some of the country’s biggest smartphone app distribution platforms through 91 Assistant and HiMarket. An independent research firm iResearch put the company as the top third-party distribution platform in China by active users and accumulated downloads. Because Google Play isn’t available in China and the Android platform h (IT news)