‘China’s Netflix’ looks for stardom in new theme park business
The first of iQiyi’s three immersive experience-based theme parks in the city of Yangzhou will feature content from its streaming platform Key Takeaways: After seven quarters of declining revenue and…
iQiyi beats profit estimates but leaves subscriber numbers a mystery
Lacking a megahit drama series this time, the Chinese streaming platform logged lower first-quarter earnings but still exceeded market expectations Key Takeaways: The platform’s operating revenue fell 5% in the…
Bilibili Gains More Paying Users But Has Work To Do on Cost Control
The video-sharing platform Bilibili reported a sharply wider loss, raising concerns about its ability to contain costs (more…)