The cost of content for Chinese video streaming platform iQIYI more than doubled in 2016, parent company Baidu has revealed. The figures highlight the growing commitment to the entertainment business…
Chinese online video firm iQIYI has raised $1.53 billion through the sale of convertible debt. The new finance will allow it to keep investing in content and services as the streaming sector…
Baidu, China’s Internet search giant, has denied reports that it is currently pushing for an IPO of its video streaming unit, iQIYI. The Wall Street Journal reported Thursday that the group was…
iQIYI, one of China's top video streaming platforms, is likely heading for an IPO in 2017. The company is part of Baidu, the NASDAQ listed company that is China's top online search provider…
Chinese Internet giants Tencent and Baidu have pulled out of a $3 billion e-commerce joint venture with Wanda, China's massive property to entertainment group. The three companies announced in 2014…
A proposal to buy Chinese online streaming giant iQIYI from China’s search engine leader Baidu has collapsed under the weight of shareholder pressure. A non-binding proposal was put to Baidu in…
Institutional investor, Acacia Partners has criticized a proposal by Baidu, China's leading online search company, to sell-off market-leading online video unit iQIYI. Acacia, a U.S. hedge fund which…
Online video group iQIYI is launching what it aims to be the largest Chinese-language virtual reality platform.
Regulators have launched a probe into Baidu, China's largest online search engine operator and one of the country's entertainment giants.
Chinese Internet giants are in advanced negotiations to buy two top-league Italian soccer teams, including Silvio Berlusconi's A.C. Milan.
China's leading search engine operator, says that it has received a non-binding offer to buy iQIYI.
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