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Baidu, China's version of Google, is set to face more intense competition with the merger of its third and fourth largest rivals.
Internet giant Tencent has announced its Soso search-related business will combine with Sohu's Sogou, according to a press release on Monday.
This was part of a deal which saw Tencent invest US$448 million in cash in Sogou, giving it a 36.5 percent stake, which could further increase to about 40 percent in future.China's Search Engines, Soso and Sogou Merge In $448 Million Deal [zdnet.com]