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Baidu to buy 91 Wireless for $1.9bn

2013-07-16 02:00:00| Total Telecom industry news

Chinese search giant snaps up two app distribution platforms.

Tags: buy wireless baidu 19bn

 

PetroChina Drives Stocks Slump as Baidu Gains: China Overnight

2013-06-02 23:54:26| Airlines - Topix.net

PetroChina Co., the nation's biggest oil producer, led a monthly slump in state-owned companies traded in New York.

Tags: china drives stocks overnight

 
 

Baidu acquires online video business of PPS for USD 370 mln

2013-05-07 05:51:00| Telecompaper Headlines

(Telecompaper) Chinese search services provider Baidu has acquired the online video business of internet video provider PPS for USD 370 million. Baidu and PPS expect the transaction to close in the second quarter, subject to customary closing conditions. Upon completion, PPS's online video business will be merged with Baidu's own video platform iQiyi. PPS will continue to operate as a sub-brand of iQiyi. The merger will generate synergies and will provide for an improved user experience as well as more content, Baidu said. After the acquisition, Gong Yu will continue to be CEO of iQiyi. Zhang Hongyu and PPS president Xu Weifeng will serve as co-presidents at iQiyi, and will be in charge of the PPS sub-brand and new business development.

Tags: online business video usd

 

Baidu acquires PPStream online video business for $370m

2013-05-07 02:00:00| Total Telecom industry news

Deal sees Chinese Internet giant become one of the country's biggest online video providers.

Tags: online business video acquires

 

Intel sets up joint lab with China's Baidu for mobile apps

2013-04-12 14:06:24| InfoWorld: Top News

Intel is hoping to get more Chinese developers to back its products by forming a new joint innovation lab with the nation's largest search engine, Baidu. The lab is part of an agreement the two companies signed on Thursday that will focus on developing software for China's mobile Internet market. Developers in the country will have access to Intel-powered products, including PCs, tablets, and mobile devices, to test and port software for Baidu and Intel platforms.

Tags: mobile sets joint intel

 

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