Baidu's video streaming service iQiyi files for US IPO with $1.5B placeholder target; reports suggest it's aiming for a public market valuation of ~$10B (Bloomberg)
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Bloomberg:
Baidu's video streaming service iQiyi files for US IPO with $1.5B placeholder target; reports suggest it's aiming for a public market valuation of ~$10B — IQiyi is working with Goldman Sachs, Credit Suisse, BofA — Chinese IPOs expected for 2018 include Xiaomi, Tencent Music
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