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Exclusive: Tencent aims to become biggest shareholder of video streaming rival iQIYI - sources

Exclusive: Tencent aims to become biggest shareholder of video streaming rival iQIYI - sources

Postby smix » Tue Jun 16, 2020 6:31 pm

Exclusive: Tencent aims to become biggest shareholder of video streaming rival iQIYI - sources
Reuters

URL: https://www.reuters.com/article/us-iqiy ... SKBN23N11Z
Category: technologyNews
Published: Tue, 16 Jun 2020 04:10:49 -0400

Description: Tencent Holdings Ltd aims to become the biggest shareholder in video streaming rival iQIYI Inc , said two people familiar with the matter, to lower costs and counter competition in a sector boosted by stay-at-home virus policies.
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