Baidu plans $1 billion IPO for video-streaming site iQiyi.com - WSJ

(Reuters) - Baidu Inc, China's largest internet search company, plans an initial public offering of shares in its video-streaming site, iQiyi.com, the Wall Street Journal reported, citing people familiar with the matter. Baidu is considering listing iQiyi in either Hong Kong or in the United States next year and could raise about $1 billion through the IPO, the Journal reported.