ResearchConsumer Staples, Communication, Consumer Discretionary
WIA2020 | Next 50 in Global Tech: Consumer Technology
iQIYI's Records CNY 7.5 Billion in Revenues with Loses of CNY 1.5 Billion in 4Q 2020
According to data released in its unaudited financial report for the fourth quarter and the whole year of fiscal 2020, iQIYI's total revenue in the fourth quarter was CNY 7.5 billion, a year-on-year decrease of 1%; its net loss was CNY 1.5 billion, compared with CNY 2.5 billion in the same period last year.
Feb 19, 2021 12:35 PM
TikTok's Parent Company ByteDance Doubles Revenue to USD 35 Billion in 2020
In the midst of the US and Indian bans on TikTok, ByteDance nevertheless achieved revenue of around USD 35 billion in 2020. ByteDance is growing at a brisk rate and pushing aggressively into a plethora of new areas, including the music, entertainment and edtech sectors.
Feb 02, 2021 02:06 AM