About iQiyiiQiyi (iQiyi.com), formerly known as Qiyi, is China's leading advertising supported online television and movie portal that focuses on fully licensed, high-definition, professionally produced contents. The company was invested by Baidu, Inc. and Providence Equity Partners in early 2010. Baidu acquired the Providence Equity Partners stake in iQiyi in November 2012.
Baidu Acquires Online Video Business Of PPS For US $370 Million To Create China's Largest Online Video Platform
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