Home BUSINESS ‘Chinese Netflix’ iQIYI prices IPO at midpoint of expected range to raise $2.25 billion

‘Chinese Netflix’ iQIYI prices IPO at midpoint of expected range to raise $2.25 billion

30/03/2018 , admin , Comments Off on ‘Chinese Netflix’ iQIYI prices IPO at midpoint of expected range to raise $2.25 billion

Beijing-based IQIYI Inc. IQ, -1.08% said Thursday its initial public offering priced at $18 a share, as the online entertainment company raised $2.25 billion. The IPO was expected to price between $17 and $19 a share. The 125 million American Depositary …
( read original story …)