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