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Another record year of deals seen for China trio

Alibaba, Tencent, Baidu can draw on US$80b for M&As in 2016, says BNP Paribas

Taipei

CHINA's three biggest Internet companies could be set for another record year of deals as their cash piles swell, unprofitable startups sell out and consolidation sweeps the crowded industry.

Alibaba Group Holding Ltd, Tencent Holdings Ltd and Baidu Inc could draw on more