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Exclusive: Tencent aims to become biggest shareholder of video streaming rival iQIYI – sources

Tencent Holdings Ltd aims to become the biggest shareholder in video streaming rival iQIYI Inc , said two people familiar with the matter, to lower costs and counter competition in a sector boosted by stay-at-home virus policies.

    

Written by

Peter Zirbes, ESQ. A Full Service Law Office 718 544 6300