News emerged on Tuesday that Baidu is negotiating with potential acquirers to sell its 53% stake in iQIYI, attracting interest from buyers including Hong Kong private equity firm PAG and China Mobile. iQIYI responded that this news is untrue.
Mobile app data analysis firm Sensor Tower released a report Thursday claiming that in May, TikTok and its sister app for mainland China, Douyin, earned more than $277 million from the App Store and Google Play.
Recently, iQiyi Adventure VR reached a deep cooperation with 4K Garden, a 5G+ Ultra HD application technology platform. Both parties will create China's first Ultra HD+ VR immersive interactive innovative app.
The United States Securities and Exchange Commission (SEC) on Wednesday added five Chinese firms to a growing list of companies that may get delisted from domestic stock exchanges.
Many business executives responsible for content have reportedly left Chinese streaming platform iQIYI following an organizational restructuring at the end of 2021.
Chinese online video platform iQIYI announced on March 4 that the company has entered into subscription agreements with Baidu and a consortium of financial investors.
iQIYI, a Chinese video platform, announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2021.
China National Intellectual Property Administration said that it has received about 16,000 trademark applications related to the metaverse in Chinese and English in its trademark database.
On Wednesday, Sensor Tower released data that in January 2022, TikTok and Douyin earned a total of $266 million through Apple's App Store and Google Play, 2.1 times that of January of 2020.
On Tuesday, iQiyi, an online entertainment service provider in China, appointed Jun Wang as its new Chief Financial Officer.
Che Che, Vice President of Chinese streaming platform iQiyi and head of YOH Studio, announced his resignation from iQiyi on Thursday via his personal Wechat account.
Mogu Inc., a Tencent-backed fashion e-commerce platform, is laying off more than 30% of its staff. Layoffs have rocked China’s tech sector over the past month, affecting some of the country’s biggest tech companies.
ByteDance's internal email showed that the internet giant had recently cancelled its Talent Development Center. The existing team members have been given priority for internal transfers, and if there were no suitable positions, they would likely leave the company.
Chinese video platform iQiyi had begun laying off employees today which, according to some who had been laid off, is the largest round of layoffs in the company's history to date.
iQiyi held a press conference on Wednesday to launch its Adventure Dream VR all-in-one machine, with a price tag of 1999 yuan. The machine is equipped with the Qualcomm XR2 platform.