iQIYI

Technology

Baidu reports Q4 revenue down 1% YoY to ~$4.8B, beating estimates, net income up 189% YoY to ~$718M, iQiyi revenue up 3% YoY to ~$1.1B, and a $5B share buyback (Zheping Huang/Bloomberg)

[ad_1] Zheping Huang / Bloomberg: Baidu reports Q4 revenue down 1% YoY to ~$4.8B, beating estimates, net income up 189%…

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Technology

China's iQiyi, a streaming service majority-owned by Baidu and listed on the Nasdaq, reported its first quarterly profit, $26.7M in Q1, after cutting spending (Iris Deng/South China Morning Post)

[ad_1] Iris Deng / South China Morning Post: China’s iQiyi, a streaming service majority-owned by Baidu and listed on the…

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