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Report accuses Baidu's streaming site iQiyi of fraud "well before its 2018 IPO", says it inflated 2019 revenue by ~$1.13B to $1.98B by overstating user numbers (Patrick Frater/Variety)

Patrick Frater / Variety: Report accuses Baidu’s streaming site iQiyi of fraud “well before its 2018 IPO”, says it inflated 2019 revenue by ~$1.13B to $1.98B by overstating user numbers  —  U.S.-based securities analysis firm and activist investor Wolfpack Research has publicly accused Chinese streaming platform iQIYI of fraud. Report accuses Baidu's streaming site iQiyi

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