Baidu to Consider Acquisitions to Boost Services, Li Says

Baidu Inc., owner of China’s most-used search-engine, will consider making acquisitions as the company aims to offer new services to users at a faster pace, Chief Executive Officer Robin Li said.

“In most cases, I would say I prefer buy to build,” Li said in a conference call with analysts today after Baidu reported earnings. The Beijing-based company will consider both acquisitions and in-house development to offer a wider range of services, he said, without giving details of potential targets.