Baidu online video service more than doubled revenue growth in fourth-quarter, FY 2014

Baidu Inc, owner of China's dominant search engine, said revenue growth for its online video service iQiyi more than doubled in the fourth quarter and for the whole of 2014.

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China's Xiaomi says invests $300 million in online video firm iQiyi

Xiaomi Technology Co Ltd [XTC.UL] said on Wednesday it has made $300 million investment in online video provider iQiyi. The investment in iQiyi followed a separate stake purchase deal Xiaomi announced last week in China's largest video streaming site Youku Tudou Inc.

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