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US IPO for Baidu video unit as Q4 net income flattens
9 monthes ago - By Phys.org
Chinese search engine giant Baidu will spin off its Netflix-like video arm iQiyi and list it in the US market, the company said in a statement that revealed its net profit grew only one percent during the fourth quarter.
Read more ...Baidu earnings beat forecasts, eyes U.S. listing for video unit iQiyi
9 monthes ago - By Reuters
SHANGHAI/BEIJING - Chinese internet search firm Baidu Inc posted a forecast-beating quarterly revenue increase and unveiled a U.S. listing plan for its Netflix-like video platform iQiyi as it looks to rev up new drivers for growth.
Read more ...
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