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Baidu's video streaming service iQIYI says it is being probed by SEC, after a report in April accused it of inflating its 2019 revenue by around $1.13B (Patrick Frater/Variety)




Patrick Frater / Variety:

Baidu’s video streaming service iQIYI says it is being probed by SEC, after a report in April accused it of inflating its 2019 revenue by around $1.13B  —  Mystery surrounds the subscriber numbers of Chinese video streaming company iQIYI, which revealed that it is being investigated by the U.S.’s Securities and Exchange Commission.





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