Chinese online video platform iQiyi has invested RMB150 million (US$23 million) in Coocaa, a smart TV unit owned by consumer electronics producer Hong Kong Skyworth Digital Holdings. In return, iQiyi will acquire a 5% stake in Coocaa, which sold around 1.5 million self branded smart TV sets in 2015. Coocaa will also distribute iQiyi's content […]

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