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February 22, 2017 06:09 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TmMTo7RC9TA/
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 MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/TmMTo7RC9TA/
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