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Baidu-Owned Qiyi Could Go Private In Deal Valuing Chinese Video Site At $2.8B
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China’s online video wars are heating up again. Last year, Alibaba snapped up Youku Tudou, the country’s largest YouTube-like video portal, in a major $3.5 billion deal, and now there’s more happenings in the space after Baidu received an offer to sell its majority share in close rival Qiyi. Read More
http://techcrunch.com/2016/02/14/baidu-owned-qiyi-could-go-private-in-deal-valuing-chinese-video-site-at-2-8b/?ncid=rss
China’s online video wars are heating up again. Last year, Alibaba snapped up Youku Tudou, the country’s largest YouTube-like video portal, in a major $3.5 billion deal, and now there’s more happenings in the space after Baidu received an offer to sell its majority share in close rival Qiyi. Read Morehttp://techcrunch.com/2016/02/14/baidu-owned-qiyi-could-go-private-in-deal-valuing-chinese-video-site-at-2-8b/?ncid=rss