Baidu's video unit iQiyi files for US IPO of up to $1.5 billion

Baidu's video unit iQiyi files for US IPO of up to $1.5 billion

6 years ago
Anonymous $gcegwZ91io

https://www.cnbc.com/2018/02/27/baidus-video-unit-iqiyi-files-for-us-ipo-of-up-to-1-point-5-billion.html

Chinese video streaming service provider iQiyi, a unit of Baidu, on Tuesday filed for an initial public offering of up to $1.5 billion with the U.S. Securities and Exchange Commission.

The company plans to list its American Depository Shares on the Nasdaq under the symbol "IQ."