Friday, November 27, 2020

Exclusive: Alibaba, Tencent Put Talks To Buy IQIYI Stake On Hold Due To Price, Regulatory Concerns - Sources

Alibaba Group Holding Ltd and Tencent Holdings Ltd have each held separate talks with Baidu Inc to acquire a controlling stake in video streaming service iQIYI Inc, people with knowledge of the matter told Reuters.

from Top Tech News- News18.com https://ift.tt/2V8IVH6
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