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Iqiyi Inc   (IQ)
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Iqiyi Inc

Business Description


IQIYI Inc is a Chinese streaming platform and online entertainment company that provides users with a variety of entertainment services such as video content, live broadcasting, and social networking services. The headquarters of the company is located in Beijing, China, and it was originally launched in 2010 as a subsidiary of Baidu Inc., one of the largest search engines in China.

IQIYI*s offerings include a wide range of content categories, including movies, TV shows, documentaries, dramas, animations, and reality shows. The platform also provides original content, which includes both unscripted series and drama productions. IQIYI has also introduced premium content services, which allow users to access more exclusive content.

In addition, IQIYI produces its own variety shows, dramas, and web series, which have become widely popular among its 119 million subscribers. The company is also known for providing interactive entertainment experiences, such as virtual reality live broadcasts, which have attracted a growing number of viewers.

IQIYI*s business model also extends to the licensing of and payment for licensed content from third-party providers. The company charges for its services through a subscription-based model, as well as a pay-per-view rental model for more premium content.

The company*s success has also been recognized through a variety of industry awards and honors, including a listing on Forbes* 30 Under 30 Asia list in 201 IQIYI was also named as one of Fast Company*s Most Innovative Companies in China for 2018.

As a rapidly growing company, IQIYI Inc is constantly seeking innovative ways to continue to grow, expand its platform, and provide users with new and engaging experiences.



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