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Baidu holdings part of Iqiyi stake: cash 259 million U.S. dollars

via:博客园     time:2018/7/6 12:32:24     readed:268

On the morning of the morning of July 6th, a document received by Sina Technology showed that Iqiyi, the major shareholder of Iqiyi, recently reduced some of its Iqiyi shares, and put $259 million in cash.



Iqiyi went to the United States at the end of March this year. On the ownership structure of the company, chairman of the board of directors Robin Li held 69.6% stake as the largest shareholder and CEO Gong Yu held 1.8%. Among major institutional investors, Xiaomi venture capital held 8.4% and high leverage capital held 5.7%.

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