Baidu’s Video Unit iQiyi Files for U.S. IPO That May Raise Over $1.5 Billion by REUTERS


By REUTERS

Chinese video streaming service provider iQiyi Inc, a unit of search engine firm Baidu Inc, filed on Tuesday for an initial public offering that is set to raise more than $1.50 billion (1.08 billion pounds) amid fierce competition in China’s onlin…

Published: February 28, 2018 at 02:03AM

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