The regulatory filing said only that membership services revenue was RMB4.5 billion ($630 million), decreasing 9% year-on-year “primarily due to fluctuation in the content slate performance.R...
” “Content distribution revenue was RMB698 million, increasing 2% year over year. Other revenues were RMB784 million, increasing 16% year over year, primarily driven by the increase of rev...
“We believe the vibrant competition within the long-form video sector in the second quarter is constructive for the industry, enhancing its appeal over other entertainment formats,” said G...
08 apiece. At that price, iQiyi, which is majority-owned by tech giant Baidu, has a $1.62 billion market capitalization. More from Variety Most Popular Must Read Sign Up for Variety Newsletters More F...