ResearchConsumer Staples, Communication, Consumer Discretionary
WIA2020 | Next 50 in Global Tech: Consumer Technology
Video Platform iQIYI's Q1 2021 Earnings Exceed Expectations
Beijing-based, Baidu-founded iQIYI provides original and licensed media content based on a 'freemium' model, with subscribers now exceeding 100 million following a strong 2020. This year's economic recovery in China has also boosted advertising budgets.
May 18, 2021 11:13 PM
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 18, 2021 02:13 PM