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Chinese Video Streaming Co. iQiyi Nabs $1.53B Investment

By Chelsea Naso (February 21, 2017, 12:42 PM EST) -- Chinese video streaming platform iQiyi secured a $1.53 billion investment from an investment group, which features several private equity backers and parent company Baidu, as it looks to grow the company and improve the technology behind it, according to a Tuesday announcement....

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