Chinese Internet search engine company Baidu Inc. has inked a deal with the Institute for Infocomm Research of the Agency for Science, Technology and Research in Singapore for the two parties to establish a joint lab to research and develop technologies related to the processing of Southeast Asian languages.
Chinese Internet company Tencent Holdings has announced that it plans to acquire a 49.92% stake in the Thai portal website Sanook.com for HKD81.7 million.
