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Zeus Entertainment Halts Plan to Invest in Baidu Video

Zeus Entertainment, 9/19/16

Dalian-based browser game and mobile game developer Zeus Entertainment (002354.SZ) recently announced that it has abandoned plans to invest in Xiaodu Huyu Technology, operator of online video platform Baidu Video, which was recently spun out from Chinese internet company Baidu (Nasdaq: BIDU). Read More

Baidu Video to Be Spun Off, Secures RMB 1 Bln Funding

Tencent Tech, 4/20/16

Chinese internet company Baidu (Nasdaq: BIDU) recently announced that its online video platform Baidu Video will be spun off as an independent company and has secured nearly RMB 1 bln funding led by Shanghai-based New Culture Media Group (300336.SZ) with participation by SAIF Partners. Read More

Baidu Music, Taihe Music Group to Merge into New Company

Baidu, 12/03/15

Chinese internet company Baidu (Nasdaq: BIDU) has announced that it will merge its digital music service Baidu Music with talent agency and entertainment company Taihe Entertainment Group (Taihe Music Group) to create a new company. Read More