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tdp2664 China Analyst Below is the latest notable news on U.S.-listed Chinese stocks: Baidu.com, Inc. (NASDAQ:BIDU) has acquired photo app developer PhotoWonder, according to Chinese media reports. PhotoWonder has developed two photo apps that enable users to decorate photos and share them with social network contacts. Its PhotoWonder app is available on Android and iPhone, and has nearly 10 million users. In April 2011, Baidu CEO Robin Li made optimistic predictions on image apps. He believes there will be a group of good image-related companies emerging in the next two to three years. Renren Inc (NYSE:RENN) executive talks about strategy on browser games. During The 9th China International Digital Content Expo., Chuan He, Senior Vice President of Renren.com, spoke about the company's browser game strategy. The company owns a game publishing platform where it co-operates games with developers. It also develops and publishes its own games. Mr. He believes the current trend is that much of people's time spent on PC will be replaced by time spent on mobile devices. Developers of browser games should consider expanding their business to mobile devices.
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