On August 1, iQiyi (NASDAQ: IQ) released the company’s unaudited financial report for Q2. The report shows that iQiyi’s Q2 total revenue rose 51% year over year to 6.2 billion yuan ($932.5 million). The company remains unprofitable with a loss of 1.3 billion yuan ($200.7 million) during the reporting period. Read More
After seeing powerful surges earlier this month, stock prices of three U.S.-listed Chinese video sites iQiyi (IQ), Huya (HUYA) and Bilibili (BILI) suffered declines on Thursday. Read More
Chinese on-demand video streaming platform iQiyi (爱奇艺) has reported a 57% year-on-year increase in revenue in its first financial report since its IPO. Read More
Youku, a leading video streaming service owned by Alibaba, is suing online content aggregator Toutiao (in Chinese) and video platform Yuncheng Sunshine Media (our translation; 运城阳光传媒 in Chinese) for distributing the movie Wolf Warriors 2. Read More
Zhang defined 2017 as a year of transition for online videos; Sohu has created 20 high-quality productions in last year and aims to top that number in 2018. Read More
The report has identified five key trends in China’s online audio-visual sphere. Read More
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