RT @TechCrunch: Baidu's Video Site iQiyi Reportedly Buys PPStream To Intensify Rivalry With Youku Tudou http://t.co/uQPJwkiea6 by @catherin…
April 25, 2013
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Baidu's Video Site iQiyi Reportedly Buys PPStream To Intensify Rivalry With Youku Tudou
Shanghai-based video streaming platform PPStream has reportedly (link via Google Translate) been purchased by iQiyi, the online video unit of Internet search giant Baidu, for around $350 million to $400 million.
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