Gong Yu, founder and chief executive officer of iQiyi.com, speaks during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S. (Photographer: Victor J. Blue/Bloomberg)

China's Largest Streaming Site Is Coming After TikTok

(Bloomberg) -- China’s most popular Netflix-like streaming service is angling to build a blockbuster short-video app by 2020, hoping to finally make a splash in an arena crowded with viral phenoms ...