--Chinese internet search engine firm Baidu Inc. is currently in talks to sell its majority stake in video streaming company iQIYI Inc., Reuters reports, citing people familiar with the matter.
-- Baidu currently has a 53% stake in iQIYI and holds more than 90% of its shareholder voting rights, Reuters says.
Full story: https://reut.rs/3NZuxL9
Write to Justina Lee at justina.lee@wsj.com
$(END)$ Dow Jones Newswires
June 15, 2022 04:28 ET (08:28 GMT)
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