Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
February 22, 2017 06:09 am GMT

Baidus iQiyi video service raises $1.53 billion

Baidu is charging up its video content push after iQiyi, its YouTube-style service in China, raised$1.53 billion from the sale of convertible notes to investors. The deal appears to end speculation that the firm wasmulling an IPO.iQiyi, which had on offer to go independentfall through last year, raised the capital from a number of top-name investors includingHillhouse Capital, Boyu… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TmMTo7RC9TA/

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch