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Rumor: iQiyi Prepares 2014 IPO

Tencent Tech, 12/17/13

An investment community source has revealed that Gong Yu, CEO of Chinese internet firm Baidu's (Nasdaq: BIDU) online video subsidiary iQiyi, traveled to the United States last week for preliminary talks with investment banks regarding an IPO for iQiyi in 2014.

Editor's Note: For more information on this topic, please see "Qiyi to IPO in 2014," MD 1/06/11 and "Baidu May Seek IPO for iQiyi," MD 5/20/13 issues.

Keywords: Gong Yu Internet IPO online video Baidu BIDU Qiyi iQiyi

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