Video Streamer iQiyi Eyeing Southeast Asian, Middle East Expansion, Executive Says

 /  Headlines From China  / 
Chinese video streaming giant iQiyi is deepening localization in Southeast Asia with plans to establish local teams in East Asia and the Middle East in future. Read More

Headlines from China: Unravel the Successful Formula of IQiyi’s ‘Light On Theater’ Initiative

 /  Headlines From China  / 
The fast growing popularity of “The Bad Kids”, a suspenseful drama series that makes headlines and generates wide discussions on the Internet, marks another successful release of Chinese streaming giant iQiyi’s “Light On Theater” initiative. Read More

Shares of Baidu-Backed iQiyi Jump After Reuters Reports Tencent Seeking Majority Stake

 /  News  / 
Nasdaq-listed shares of Chinese video streaming service iQiyi closed up 25.9% on Tuesday after a Reuters report revealed that Tencent is looking to buy a stake in the company in which its rival Baidu is currently the majority shareholder. Read More

Headlines from China: Tencent Aims to Become Biggest Shareholder of IQiyi

 /  Headlines From China  / 
According to Reuters, Tencent Holdings Ltd is in talking with video streaming rival iQiyi in order to become its biggest shareholder. Read More

Chinese Video Giant iQiyi Hires Former Netflix Executive for Global Expansion

 /  News  / 
The Nasdaq-listed Chinese video streaming giant has poached Kuek Yu-Chuang from its U.S. rival Netflix, hiring him as vice president of international business to oversee its strategic planning, marketing, business development and public affairs functions for its overseas businesses. Read More

Court Rules Against iQiyi for Charging Premium Subscribers Extra

 /  Streaming  / 
The Netflix-like video site had imposed a surcharge on its VIP users for advance screenings of a popular Chinese period drama. Read More

Headlines from China: IQiyi Lost A Lawsuit On Controversial ‘Advance Watching Pay View’ Mode 

 /  Headlines From China  / 
Last December, Chinese streaming giants iQiyi and Tencent Video, simultaneously launched a new controversial pay view mode where VIP members can pay extra RMB if they want to watch the then-trending web series “Joy of Life” before its official release date. Read More

Headlines from China: Six Bugs in Wolfpack Research’s Report on iQiyi

 /  Headlines From China  / 
Faced with Wolfpack Research’s accusation of fraud, iQiyi pushed back against the report and stated that it contains “misleading conclusions and interpretations”. Read More

Short Seller Accuses IQiyi of Revenue Fraud

 /  Legal  / 
A short seller firm has accused Chinese video-streaming platform Iqiyi of reporting inflated revenue figures and user numbers in 2019, following just days after US-listed Luckin Coffee’s explosive revenue fraud disclosure on Thursday. Read More

Video Streaming Results: Bilibili, Tencent Video, iQiyi

 /  Streaming  / 
Though video streaming continued to be an unprofitable business last year, all platforms have seen a recent surge in viewership as a result of the coronavirus lockdowns that started in late January, and are expected to be at least partially sustained throughout the year. Read More

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