Baidu results beat on strong video streaming growth, shares rise

(Reuters) - Baidu Inc beat analysts' estimates for quarterly profit and revenue on Wednesday, helped by strong growth at its video streaming platform iQIYI, sending the Chinese search engine giant's shares up 5% after market. The company has been trying to cut its dependence on the core search business and expand into other areas such as cloud services and artificial intelligence, but most of its success so far has been at video streaming service iQIYI Inc

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