China's iQiyi snaps up game maker Skymoons in $300 mln deal
July 17, 2018 at 23:41 PM EDT
China's iQiyi Inc, often likened to U.S. streaming giant Netflix, has snapped up domestic game maker Skymoons in a deal that could be worth nearly 2 billion yuan ($298.59 million) as it looks to broaden its offerings following a U.S. listing.