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Baidu says reports of IPO for video-streaming site iQiyi.com are inaccurate

Reuters

BEIJING (Reuters) - Chinese internet giant Baidu Inc said on Friday that reports it is currently pushing for an initial public offering for its video-streaming site iQiyi.com are inaccurate.

Baidu said on its official microblog that it does not currently have a timetable for an iQiyi IPO.

(Reporting by Jake Spring)

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