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Retrieved on: 2018-01-15 18:30:00
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<div>In 2017, iQIYI raised $1.3 billion from backers including Hillhouse Capital, IDG and <b>Sequoia Capital</b> for ongoing content spend. Among the three market leaders, iQIYI has been forecast by JP Morgan to become the first one to move into profits, possibly as early as this year. Nevertheless, its valuation is ...</div>
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