iQIYI denies merger rumors with Youku Tudou

Last Friday, rumors of a merger between Youku Tudou and iQiyi spread again . It is said that Youku Tudou will complete the acquisition of iQiyi within two months at the earliest.

Recently, a reporter from the Daily Economic News verified the above news with iQiyi officials. iQiyi officials said that the market rumors were untrue and this was the second rumor in recent times.

In addition, the reporter learned that iQiyi CEO Gong Yu and several iQiyi executives recently denied the above rumors on WeChat Moments.

It is worth noting that as early as May this year, before Youku Tudou released its financial report, similar rumors appeared in the market, and iQiyi CEO Gong Yu denied it at the time.

However, people close to iQiyi told reporters that iQiyi is indeed in the process of splitting up the VIE structure, and it is expected to be completed before the end of the year at the earliest.

As for iQiyi's new journey after its "return", many sources have focused on the upcoming strategic emerging board. According to the Shanghai Securities News, several Internet companies including iQiyi and Dianping may be among the first companies to be listed on the Shanghai Stock Exchange's strategic emerging board.

However, as of now, iQiyi has not made a positive response to issues such as dismantling VIE and listing time.

It is understood that the market currently has two positionings for the strategic emerging industries board. One is to use the strategic emerging industries board as an incubator for the main board blue-chip stock market. After the companies grow and develop, they can enter the SSE 50 or 180 index to optimize the industry structure of the blue-chip stock market. The second is to always maintain the characteristics of the strategic emerging industries board. When strategic emerging industry enterprises gradually evolve into traditional industries, they can be moved to the main board; when main board enterprises transform into strategic emerging industry enterprises, they can be transferred to the strategic emerging industries board.

An Internet entrepreneur told the reporter of "Daily Economic News" that his company is also planning to sprint to the strategic emerging board. Most of the Chinese stocks listed in this round of concentrated return may choose to be listed on this board.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.