Wednesday, 24 August 2011

Google May Pursue Acquisitions in Southeast Asia, Following LivingSocial [Bloomberg]

Google Inc. (GOOG) may pursue technology assets to expand in Southeast
Asia after Internet operators including Tencent Holdings Ltd. (700)
and LivingSocial acquired companies to add services and users in the
region. “We’ll continue to innovate ourselves, but where it makes
sense, we will look out for opportunities,” Julian Persaud, managing
director for Google in Southeast Asia, said in a video conference from
Bangkok today, without elaborating.

http://www.bloomberg.com/news/2011-08-24/google-may-acquire-internet-firms-in...

Posted via email from News: Noted

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