A mobile terminal and controlling method thereof are disclosed, by which creation, editing and sharing of a shortcut to such various informations having similarities as applications, files web documents, contacts and the like can be facilitated. The present invention includes selecting a 1st content through a 1st application, selecting a 2nd content corresponding to a 2nd application in response to an input of a link command, creating a link information between the 1st content and the 2nd content, displaying a 1st link corresponding to the 1st content when the 2nd content is displayed or displaying a 2nd link corresponding to the 2nd content when the 1st content is displayed, and displaying the 1st content through the application if the 1st link is selected or displaying the 2nd content through the 2nd application if the 2nd link is selected.