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Searching for "Gong Yu"
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Rumor: Perfect World Purchases Baidu's Online Literature Division for RMB 1 Bln
NetEase Tech, 6/20/16
Beijing-based online game developer and operator Perfect World has reportedly purchased the online and mobile literature business belonging to internet company Baidu (Nasdaq: BIDU) for RMB 1 bln, according to a source familiar with the matter. Read More
iQiyi Denies Rumors of Merger with Youku Tudou
DoNews, 5/15/15
Gong Yu, CEO of Chinese internet firm Baidu's (Nasdaq: BIDU) online video subsidiary iQiyi, denied rumors that Baidu, internet firm Tencent (0700.HK), and online video site operator Youku Tudou (NYSE: YOKU) were in negotiations concerning a possible merger, by stating that there was no truth to the rumor and that neither iQiyi nor its stockholders have been in communication with Youku Tudou. Read More
iQiyi: No Profit Expected in 2014
Sina Tech, 1/15/14
Gong Yu, CEO of Chinese internet firm Baidu's (Nasdaq: BIDU) online video subsidiary iQiyi, has revealed that the company does not expect to achieve profitability in 2014. Read More
Rumor: iQiyi Prepares 2014 IPO
Tencent Tech, 12/17/13
An investment community source has revealed that Gong Yu, CEO of Chinese internet firm Baidu's (Nasdaq: BIDU) online video subsidiary iQiyi, traveled to the United States last week for preliminary talks with investment banks regarding an IPO for iQiyi in 2014. Read More
iQiyi Spends RMB 200 Mln on Online Broadcast Rights
Tencent Tech, 11/07/13
Chinese internet firm Baidu's (Nasdaq: BIDU) online video subsidiary iQiyi has obtained the exclusive online broadcast rights for the 2014 seasons of five television shows, including Dad, Where Are We Going?, Kangxi Lai Le, Happy Camp, Day Day Up, and Your Face Sounds Familiar. iQiyi paid more than RMB 200 mln for the broadcasting rights, according to an industry source. Read More
Premium Service Contributes 1% of iQiyi's Revenue
Guangzhou Daily, 12/11/12
Gong Yu, CEO of Chinese internet company Baidu's (Nasdaq: BIDU) joint-venture online video site iQiyi, revealed recently that 99% of the site's operating revenues come from advertisements, with only 1% coming from premium services. Read More
iQiyi Licenses Self-Produced Content to Jiangxi Satellite TV
Netease Tech, 7/17/12
On July 17, Chinese internet company Baidu's (Nasdaq: BIDU) joint-venture online video site iQiyi announced that it has sold the rights to its self-produced sci-fi romance series Qiyi Jiating to Jiangxi Satellite following the series' online debut. Read More
Qiyi to Focus on Long-Form Commercial Video Content
Imeigu, 4/18/11
Gong Yu, CEO of Chinese internet firm Baidu's (Nasdaq: BIDU) subsidiary online video site, Qiyi, recently revealed that Qiyi's central focus is professionally-produced long-form video content. Read More
Qiyi to Reach Profitability in Q4 2012
Shanghai Evening Post, 12/17/10
Gong Yu, CEO of Chinese internet company Baidu's (Nasdaq: BIDU) joint-venture online video site Qiyi, predicted today that the site should become profitable by Q4 2012, becoming profitable for the entirety of 2013 with operating revenues of RMB 300 to 500 mln for the year. Read More
Qiyi Users Reach 86 Mln
BiaNews, 11/17/10
Chinese online video site Qiyi, a subsidiary of internet firm Baidu's (Nasdaq: BIDU), today announced that users reached 86 mln, or 1/3 of China's total online video users, in October, with average viewing time per user reaching 114.7 minutes per day. Read More
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