China’s search engine and AI giant Baidu Inc. on Thursday posted a 1% year over year decrease in its total revenue to 26 billion yuan (3.69 billion) for the second quarter of 2020 ending June 30, falling slightly below the Wall Street estimates of $3.7 billion.
The summer of 2019 has ended, and for sports fans, the summer of 2020 heralds a new round of sleepless nights and exciting games.
Baidu, Inc, the company responsible for China’s leading internet search service among other things, has reported robust financial performance in the second quarter, beating estimates on revenue.
Chinese audiences were greeted with a pleasant surprise this summer, as one of the most popular music variety shows entitled “The Big Band” started airing on the internet with its focus on Chinese indie rock bands.
iQiyi Sports, a joint venture between Chinese online media streaming giant iQiyi and Super Sports Media, has acquired the exclusive streaming rights to Spain’s top football league, La Liga Santander, for the upcoming 2019/2020 season.
The days of irrational decision making are over. We are in the future and we can entrust machines with something that seemed to be the last outpost of humanity in out briskly digitizing word – entertaining us.
Stranger Things came at a time when Netflix was in desperate need of a new subscriber injection and was preparing to hand the syringe to China regardless of the costs, but the popularity of the show suddenly solved the pressing issue.
A Vietnamese website broke the Internet when it released 57 episodes of the hit TV series The Story of Yanxi Palace, which put it eight episodes ahead of IQiyi, the Chinese broadcaster. The Qing Dynasty drama has become so popular that it already spread across the ocean. According to one actress, the series has set…
Baidu released on August 1 its unaudited financial report for the second quarter of the 2018 fiscal year. Baidu's total revenue grew 32 percent to reach 26 billion yuan ($60 billion), while its net profit grew 45 percent to reach 6.4 billion yuan.
2018 might not be the best year for a lot of things, but so far, it has been a blessing for one industry in China: Idol-making. It all started with two shows.
Recently two major Chinese video websites completed their listing in the U.S.: Bilibili and iQIYI. Although these two companies all belong to the same industry, they have different business models and different values.
iQIYI's online show “Idol Producer” takes 100 out of 1908 trainees from 87 entertainment agencies all over Asia, and picks 9 winners by public votes to form a new boy group.
"I just saw the headlines saying that iQIYI has fought through bitter years, and I want to tell our friends at the press that it wasn't bitter for us," said a host from iQIYI Innovation Building in Beijing on March 29.
On March 29, iQIYI became officially listed on NASDAQ with the ticker symbol IQ. At $18 per share, it has raised a total of $2.25 billion.
On March 14, video website iQIYI, which previously announced its U.S.-based listing, set terms for its listing on Nasdaq by the end of March with the ticker symbol "IQ".