China's internet search co Baidu gets offer for its 80.5 pct stake in Qiyi

China's internet search co Baidu gets offer for its 80.5 pct stake in Qiyi

People sit in front of the company logo of Baidu at its headquarters in Beijing December 17, 2014. REUTERS/Kim Kyung-Hoon/Files

Chinese Internet search company Baidu Inc said it received an offer for its 80.5 percent stake in online video company Qiyi.com Inc from the chief executives of the two firms.

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