IQiyi is a comprehensive network video service provider, covering TV, PC, mobile phone and PAD
iQIYI, founded in November, 2009 and headquartered in Beijing, is a comprehensive network video service provider covering TV, PC, mobile, and PAD. The founder is Gong Yu. Listed on the NASDAQ on March 29, 2018, the company's major shareholders are Geng Xiaohua. Rivals that have direct and indirect competition with iQIYI include Tencent, Bilibili, Netflix, Niconico, etc.
Bilibili's Performance in 3Q 2020
The company's net loss increased in 3Q 2020 continuously, reaching CNY 1.1 billion, while its advertisement and value-added businesses also increased to CNY 1.54 billion. The stock price jumped about 6% following the third-quarter earnings news.
Nov 19, 2020 03:53 PM