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Baidu, Inc. stock price
Baidu, Inc. latest news:
China's iQiyi considers U.S. listing as early as 2018: source
HONG KONG/BEIJING (Reuters) - Baidu Inc's video streaming service iQiyi, a Chinese-style Netflix , is eyeing a potential initial public offering in the United States as early as next year, a person with direct knowledge of the plans said on Tuesday. The listing could value the company at between $8 billion and $10 billion, Bloomberg reported earlier, citing two people familiar with the matter.
China's iQiyi eyes U.S. listing at up to $10 billion valuation: Bloomberg
BEIJING (Reuters) - Baidu Inc's video streaming service iQiyi, a Chinese-style Netflix , is looking for an initial public offering in the United States as early as next year, which could value it at more than $8 billion, Bloomberg reported.
China's iQiyi eyes U.S. listing at up to $10 bln valuation - Bloomberg
* IPO as early as 2018 could value firm at $8 bln-$10 bln. * Video service raised $1.53 bln earlier this year. Baidu Inc's (BIDU) video streaming service iQiyi, a Chinese-style Netflix (NFLX), is looking for an initial public offering in the United States as early as next year, which could value it at more than $8 billion, Bloomberg reported.
Baidu hires Weibo CFO as its finance chief
Baidu Inc(BIDU) said Jennifer Li stepped down as its chief financial officer and the biggest search engine operator in China named Herman Yu as its new CFO, effective immediately. Li, who is also chief executive of its private equity unit Baidu Capital, will serve as a senior adviser to senior management, the company said in a statement.
WeChat, Weibo and Baidu under investigation
The authorities allege Weibo, WeChat and Baidu Tieba are being used for terrorism and rumours.
China's Baidu enters strategic partnership with Paypal to tap Chinese tourists
Baidu Inc(BIDU) said on Friday that it has entered a strategic agreement with PayPal Holdings Inc (PYPL) to tap overseas merchants as Chinese tech companies ramp up the fight for overseas payment partnerships. Under the agreement, Baidu's (BIDU) payment platform, Baidu Wallet, will be accepted by roughly 17 million PayPal (PYPL) merchants globally, the Chinese firm said in a statement on Thursday.
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