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Baidu's iQiyi looking for USD 8-10 bln valuation in IPO - report

Tuesday 26 September 2017 | 09:22 CET | News
IQiyi, the streaming site of Baidu, hopes to stage its initial public offering in the US early next year, Bloomberg reported, with sources saying the company is looking for a valuation of at least USD 8 billion, and up to USD 10 billion. They added however that the IPO is still in the early stages and the final valuation could change.

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Categories: Broadcast & Satellite / Internet
Companies: Baidu / Netflix
Countries: China / United States / World
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