CRI听力:Baidu to Intensify Rivalry with Youku Tudou
Shanghai-based video streaming platform PP-Stream has reportedly been purchased by i-Qiyi, the online video unit of China's Internet search giant Baidu, for around 350-400 million US dollars.
The China Business News is reporting PPS and i-Qiyi will continue to operate as independent brands, but will share back-end technical integration.
i-Qiyi, who launched 3 years ago, has focused on legal contents distribution, which are produced by media and entertainment agencies.
As such it has been dubbed as the Chinese version of the popular US online video provider- Hulu.
For more on the increasing consolidation seen in the online video distribution sector, we're joined on line now by Doug Young, Associate Professor at Fudan University and former China company news chief at Reuters.
相关文章
- CRI听力:Myanmar youth reap rewards from China-Myanmar cooperative projects
- CRI听力:Guardians of the Belt and Road dedicate prime years in Myanmar
- CRI听力:"Dedicate yourself and you will win," says young entrepreneur
- CRI听力:Macao martial arts champion shines in fashion world with Chinese style
- CRI听力:Perseverance and passion make a difference, young athlete from Macau
- CRI听力:Young girl from Macau becomes social media influencer
- CRI听力:Piano prodigies perform at the Beijing premiere of "The Legend of 1900"
- CRI听力:CIIE 2019: A good opportunity to engage with Chinese market and consumers
- CRI听力:Kris Wu shoots a short film, starring Asian teen model
- CRI听力:CIIE 2019: A good opportunity to engage with Chinese market and consumers
手机网站