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Baidu to buy PPS' video unit

By Gao Yuan and Chen Limin | China Daily | Updated: 2013-05-08 05:50

PPStream's online video business will continue to operate as a sub-brand of iQiyi.com, an online video website acquired by Baidu last year. Da Wei / For China Daily

Analysts say move will strengthen search portal giant's bid to take on Youku Tudou

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