iQiyi said to seek at least $8b value in IPO
September 28, 2017
HONG KONG – Baidu Inc’s iQiyi is targeting a US initial public offering as soon as in 2018 that could value China’s most popular streaming video service at more than $8 billion, two people familiar with the matter say. The company controlled by search giant Baidu is about to kick off negotiations with banks and deal…
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