New Baidu website shoots for the stars
By Wang Xing and Chen Limin | China Daily | Updated: 2010-04-22 07:56
BEIJING - Baidu Inc's online-video website Qiyi.com aims to become the biggest video website within the next 12 months, surpassing current market leaders Youku.com and Tudou.com, the search engine said on Wednesday.
Gong Yu, chief executive of Chinese-language Qiyi.com, said the new website plans to take advantage of Baidu's video search service, which played a big role in generating traffic for Chinese video websites.
"We are hoping to chart a new course in China's booming online video market," said Gong, a former executive of Sohu.com.
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