Baidu in talks to sell majority stake in iQIYI, China's answer to Netflix Baidu, which owns 53% of iQIYI and holds more than 90% of its shareholder voting rights, plans to sell all its holdings in the Chinese video streaming services firm, the two people and another two sources familiar with the matter said.
Baidu in talks to sell majority stake in iQIYI, China's answer to Netflix
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