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iQIYI Inc (NASDAQ: IQ) is among the largest video streaming service providers in China, and investors seem to be underestimating its ability to lift subscription fees, according to Oppenheimer.The ...
Total revenues were RMB7.2 billion ($1.0 billion), a decrease of 10% year over year in the third quarter of iQiyi’s current … iQiyi, Chinese Video Streamer, Profits Halved in Third Quarter ...
iQIYI (Chinese: 爱奇艺; pinyin: Àiqíyì, pronounced in English as eye-CHEE-yee), formerly Qiyi (奇艺; Qíyì), [2] is a Chinese subscription video on-demand over-the-top streaming service owned by Baidu. Headquartered in Beijing, iQIYI primarily produces and distributes films and television series.
And streaming video giant iQiyi, which is 46% owned by search giant Baidu, trades at just 6.7 times forward earnings estimates as its revenues are declining. Chinese stocks have high upside ...
There's little doubt iQIYI (NASDAQ:IQ) has taken a successful script used by U.S. tech giants into China. But IQ stock is set up nicely for a bearish short thanks to its pricey cost of doing ...
China-based video streaming company iQiyi recorded a 5% decrease in revenue in the second quarter and an 80% plunge in net profits. The firm said Thursday that revenues in the April to June period ...
Wednesday was not a great day for the stock market in general. After the Fed announced its first interest rate cut since 2008, markets slumped, with the Nasdaq Composite dropping 1.2% on the day ...
The Chinese streaming company iQiyi (NASDAQ:IQ) has faced a number of challenges since going public nearly a year and a half ago. The company offers both free and paid streaming service. Although ...