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Baidu-backed iQiyi files for US IPO of $1.5b

Retrieved on: 2018-02-27 16:26:15

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Baidu-backed iQiyi files for US IPO of $1.5b. View article details on hiswai:

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<div>... terms of user time spent and average total monthly active users in 2017. In February last year, iQiyi raised $1.53 billion in new funds. Baidu invested $300 million via the form of a convertible bond issuance. Other backers include Hillhouse Capital, Boyu Capital, IDG Capital and <b>Sequoia Capital</b> China.</div>

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