Marbridge Daily

<- April 01, 2012 ->

Baidu Discloses Size of Stake in iQiyi

Sina Tech, 3/31/12

In a recent SEC filing, Chinese internet company Baidu (Nasdaq: BIDU) disclosed the operations of online video site iQiyi, in which Baidu holds a 53% stake. Since its establishment, iQiYi has accumulated losses of RMB 119.85 mln (approx USD 19.04 mln).

 

Keywords:  Internet  online video  Baidu  BIDU  iQiyi  loss 

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