BEIJING (Reuters) – Baidu Inc is prepared to grow by making further acquisitions in 2014, Chief Executive Robin Li said on Thursday after the Chinese Internet company reported its fourth quarter earnings. Baidus aggressive strategy to gain ground on competitors such as Tencent Holdings Ltd and Alibaba Group Holding Ltd has spurred a buying spree. It bought the 91 Wireless app store in August for $1.9 billion and group-buying site Nuomi last month. Baidu saw revenues soar 50.3 percent to 9.52 billion yuan ($1. …
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