Baidu online video use some-more than doubled income expansion in fourth-quarter, FY 2014

BEIJING (Reuters) – Baidu Inc, owners of China’s widespread hunt engine, pronounced income expansion for a online video use iQiyi some-more than doubled in a fourth entertain and for a whole of 2014.

Chief Executive Robin Li did not give a specific figure. He was vocalization on a call to analysts after Baidu reported a lower-than-expected 47.5 percent arise in quarterly revenue.

Shares of a U.S.-listed association fell 9.3 percent to $194.70 in extended trade after markets sealed on Wednesday in New York.

(Reporting by Paul Carsten; Editing by Miral Fahmy)

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