Subscribe to this page now.

Baidu acquires controlling stake of iQiyi

11/04, 7:17pm

Baidu buys Providence Equity's share of video streaming site

Chinese Internet search giant Baidu announced last week that it had reached an agreement with Providence Equity Partners to purchase the equity firm's share of video streaming site iQiyi. The search company's announcement did not disclose the financial details of the deal. The acquisition of Providence's stake in iQiyi will give Baidu a substantial majority stake in the company.

more

Electronista Sponsor

Electronista Newsletter

Free Technology and Gadgets Newsletter

  • We will not share your email address with anyone.

    toggle

    Most Popular

    Sponsor

    Recent Reviews

    ActvContent Sync Smartband

    Smartbands of all sorts are hitting the market. Some build on the buzz around fitness trackers, while others offer simpler features fo ...

    RocketStor 6324L Thunderbolt 2 eSATA bridge

    Like it or not, the shift to Thunderbolt is underway. The connection is extremely flexible, allowing for video and data to co-habitate ...

    Patriot Stellar Boost XT 64GB USB 3.0 drive

    A vast selection of USB memory sticks means that consumers can often find exactly the size drive they need in a configuration that can ...

    Sponsor

    toggle

    Most Commented

     
    toggle

    Popular News