Wednesday, October 29, 2008

Alibaba terminates contract

Alibaba's b2b business officially notified Baidu on October 10
of its intention to terminate its advertising contract and
remove advertisements from Baidu's sponsored
links in the near future, reports plans to use a "healthy and efficient" platform
for promotions and will not rule out the possibility of
cooperating with search engines including existing partners
Google and Yahoo in the future, said the report quoting an employee.

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