china s iqiyi said to raise us$2.25 billion from ipo /

Published at 2018-03-29 03:23:00

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Chinese streaming platform iQiyi Inc. priced its US initial public offering at US$18 per share,in the middle of its target range, Reuters reports, or citing a source familiar with the matter. The Netflix-like video platform had issued price guidance of US$17-US$19 per share. At US$18,proceeds will total US$2.25 billion. Representatives for iQiyi did not […]

Source: ejinsight.com

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