Baidu’s video unit iQiyi files for U.S. IPO that may raise over $1.5 billion

BEIJING (Reuters) – Chinese video streaming service provider iQiyi Inc, a unit of search engine firm Baidu Inc (BIDU.O), filed on Tuesday for an initial public offering that is set to raise more than $1.50 billion amid fierce competition in China’s …
( read original story …)



Related Post