‘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…
FAST NEWS: iQiyi Turns Profitable on Rising Memberships
The latest: Chinese video platform Beijing iQiyi Science & Technology Co. Ltd. (IQ.US) announced Wednesday that its revenue rose 3% year-on-year to 7.59 billion yuan ($1.1 billion) in last year’s fourth quarter. It recorded a 304…
Despite iQiyi Denial, Is Baidu Set to Roll Credits on Its Video Affiliate?
Baidu is rumored to be seeking to sell its controlling stake in iQiyi, a video platform dubbed “China’s Netflix”. The report was denied by iQiyi, but Baidu’s silence is stoking market…
