Alibaba, Tencent freeze talks on buying iQIYI stake
Note: This section contains information in English only.
Sun, 29 Nov 2020 08:28:16 GMT
Source: Dukascopy Bank SA
Alibaba Group Holding and Tencent Holdings both froze their separate discussions with Baidu to buy a major stake in iQIYI, the video streaming service, as they had faced scrutiny by Chinese antitrust regulators.
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