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Alibaba, Tencent Suspend iQiyi Deal Talk Over Valuation
Aggregated Source: China Money Network

Alibaba suspended its acquisition of iQiyi, a long video platform and a subsidiary of Baidu, due to the lack of agreement on valuation. Tencent, which has been holding separate talks with Baidu, is also putting the plan on hold. It is said that ByteDance may also consider acquiring iQiyi, but due to the competitive relationship […]

Alibaba, Tencent Suspend iQiyi Deal Talk Over Valuation comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

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