iQiyi Archives - Page 3 of 3

Stranger Things Is the Reason Netflix Ditched China, And the New Season Will Keep It That Way

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.

Yanxi Palace Puts Feminist Spin on Chinese Historical Drama

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 Releases Q2 Report with Strong Growth in All Businesses

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.

The Meaning of Idols

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.

Bilibili and iQiyi Go Public in the U.S., But Where is the Netflix of China?

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.

Idol Producer: Over 100 Million Votes Casted for China’s Next Boy Group

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.

iQIYI aims to become a Disney-scaled entertainment kingdom in 10 years

“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.

iQIYI goes public on NASDAQ at $18 per share

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.

iQIYI to be listed on Nasdaq by end of March

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”.

‘China’s Netflix’ iQIYI Plans to Go Public in the US for $1.5B

In the early hours of February 28, iQIYI, a Chinese online video streaming platform similar to Netflix, submitted a prospectus to the U.S. Securities and Exchange Commission (SEC).

Baidu 2017 Q4 Earnings Up 29 percent

Baidu has released their Q4 2017 financial report and unaudited 2017 annual financial report. In Q4, Baidu earned RMB 23.6 billion ($3.62 billion), up 29 percent year-over-year.

China’s Netflix iQIYI Files IPO in the US with Baidu as Top Shareholder

Baidu released their Q4 2017 and full year 2017 financial reports today. According to the reports, iQIYI had applied for listing to the U.S. Securities and Exchange Commission, and Baidu will remain iQIYI‘s top shareholder post-listing.

Rap of China Brings About Marriage Between Culture and Capital

The average seasonal production cost for a network variety show in China is between 20 and 60 million yuan under the current market conditions. By investing 200 million yuan into a music talent show, iQiyi is taking quite a gamble. Why exactly did iQiyi set its eyes on such a non-mainstream reality show? A guitar […]

Freestylers on Rap of China Go Viral

Rap Battles! Young folks showing others how it’s done If you’re looking for how freestyling is done, your best bet is by watching the TV series, the Rap of China. The iQiyi produced network variety show not only went viral on WeChat and Weibo, it even became the new hot topic among those in the […]

Chinese tech giants’ future battlefield: Conquering the 2D world

Recently, ACG（”Anime, Comic and Games”）has been so hot, it’s like the weather in Shanghai. Last month, Baidu hosted a 2017 2DMAX Baidu forums event; Tencent‘s comic convention QQ JOY was held in Chengdu; BiliBili (a Chinese online video streaming website) sold over 100 thousand tickets for an offline concert. The annual event “China Joy” has just concluded […]

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