Iqiyi.com eyes NASDAQ

Updated 2018-03-16 17:11:01

Chinese streaming platform iqiyi.com will reportedly seek a listing on the NASDAQ stock exchange by the end of March, financial news site caijing.com.cn reported Thursday, citing people familiar with the matter.

The company filed an IPO application with the U.S. Securities & Exchange Commission in February, with iqiyi.com hoping to raise up to .5 billion via a listing at the NASDAQ exchange.

The number of users that pay for content on iqiyi.com stood at 50.8 million by the end of 2017 and the growth rate of newly added users is forecast to reach more than 20 percent in the first quarter of 2018, according to media reports

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58October 21 2018 17:47:28

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16October 21 2018 17:47:28

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18October 21 2018 17:47:28

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords