Baidu’s Two Internet Video Subsidiaries Complete Integration With Few Layoffs
Iqiyi.com has completed integration with PPS, an Internet video website recently acquired by Baidu.
iQiyi
China’s Baidu Acquires PPS For USD370 Million
Chinese search engine company Baidu Inc. has acquired PPS, an Internet video company, for USD370 million and it will integrate PPS with Iqiyi.com to provide better services to users.
Baidu’s Financials Disappoint Investors Looking For China Internet Growth
Chinese Internet search engine company Baidu Inc. disappointed investors as it posted its fourth quarter and fiscal year 2012 financial results.
