IQIYI

Baidu Announces Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Wednesday, February 28, 2024

Apollo Go, Baidu's autonomous ride-hailing service, provided about 839K rides in the fourth quarter of 2023, up 49% year over year.

Key Points: 
  • Apollo Go, Baidu's autonomous ride-hailing service, provided about 839K rides in the fourth quarter of 2023, up 49% year over year.
  • In the fourth quarter of 2023, the proportion of fully driverless orders within the overall order portfolio in Wuhan reached 45%, up from 40% in the third quarter of 2023.
  • Managed Page accounted for 51% of Baidu Core's online marketing revenue in the fourth quarter of 2023.
    iQIYI's average daily number of total subscribing members for the quarter was 100.3 million, compared to 111.6 million for the fourth quarter of 2022 and 107.5 million for the third quarter of 2023.
  • More importantly, iQIYI's monthly average revenue per membership (ARM) for the quarter was RMB15.98, compared to RMB14.17 for the fourth quarter of 2022 and RMB15.54 for the third quarter of 2023.

iQIYI Reports Booming Viewing Time Across Diverse Content, AI Search Usage Skyrockets by 470%

Retrieved on: 
Monday, February 19, 2024

BEIJING, Feb. 19, 2024 /PRNewswire/ -- On February 19, iQIYI, an innovative market-leading online entertainment service in China, has released its report detailing the performance during the Chinese New Year (CNY) holiday period (Feb. 9 - Feb. 15), marking a period of remarkable growth and success. The data highlights a 175% increase in variety shows viewing time during the holiday compared to the pre-holiday period, and a nearly 400% viewing time surge of the hit drama Always on the Move, along with a 470% increase in AI search usage.

Key Points: 
  • The data highlights a 175% increase in variety shows viewing time during the holiday compared to the pre-holiday period, and a nearly 400% viewing time surge of the hit drama Always on the Move, along with a 470% increase in AI search usage.
  • For the fifth consecutive year, iQIYI has dominated the CNY holiday season with its highly anticipated drama series.
  • The data shows a remarkable 470% increase in AI search usage during the holiday period.
  • This surge in cultural tourism activities has concurrently boosted the viewing time of original drama series, resulting in an 11.2% increase in viewing time on iQIYI.

iQIYI to Report Fourth Quarter and Fiscal Year 2023 Financial Results on February 28, 2024

Retrieved on: 
Tuesday, February 6, 2024

Please register in advance of the conference using the link provided below.

Key Points: 
  • Please register in advance of the conference using the link provided below.
  • Upon registering, you will be provided with participant dial-in numbers, passcode and unique access PIN by a calendar invite.
  • It will automatically direct you to the registration page of "iQIYI Fourth Quarter and Fiscal Year 2023 Earnings Conference Call", where you may fill in your details for RSVP.
  • A telephone replay of the call will be available after the conclusion of the conference call through March 6, 2024.

iQIYI Brings Original Malaysian Drama Hit 'Rampas Cintaku' to Global Audiences, Amplifying the Reach of Premium Asian Content

Retrieved on: 
Friday, January 26, 2024

Rampas Cintaku follows a young man grappling with debt who embarked on a transformative journey after various emotional and financial struggles.

Key Points: 
  • Rampas Cintaku follows a young man grappling with debt who embarked on a transformative journey after various emotional and financial struggles.
  • The streaming platform will continue to strengthen partnership with top creators in Malaysia such as MIG Productions and Infinitus amongst others to produce premium content.
  • Acclaimed series from the past, such as Story of Kunning Palace and Destined have ignited the passion of Malaysian drama enthusiasts.
  • With iQIYI's global expansion strategy and its commitment to producing local content for global markets, the platform continues to deliver premium content to audiences worldwide, while also bringing a rich variety of global content back to Chinese viewers.

Suspense Drama 'The Lonely Warrior' Sets New Records, Raising the Bar for iQIYI 'Light On Theater'

Retrieved on: 
Friday, January 5, 2024

After Cheng's release, he reunites with his former colleagues, who have since transitioned to ordinary lives, and together they embark on an unwavering quest for truth.

Key Points: 
  • After Cheng's release, he reunites with his former colleagues, who have since transitioned to ordinary lives, and together they embark on an unwavering quest for truth.
  • Against the backdrop of numerous hardships, they work to unravel the mysterious case and pursue the elusive suspect.
  • Ying DAI, senior vice president of iQIYI, and the chief producer of the series, highlighted that The Lonely Warrior is not just a standard suspense drama.
  • iQIYI's 'Light On Theater' series has emerged as a cornerstone of its suspense genre endeavors, injecting freshness and creativity into Chinese entertainment.

iQIYI Announces Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 21, 2023

[3] The average daily number of total subscribing members for a quarter is calculated by averaging the number of total subscribing members in each day of such quarter.

Key Points: 
  • [3] The average daily number of total subscribing members for a quarter is calculated by averaging the number of total subscribing members in each day of such quarter.
  • [5] The monthly ARM for the quarter is calculated by dividing our total revenues from membership services during a given quarter by the average daily number of total subscribing members for that quarter and the number of months in the quarter.
  • Diluted net income attributable to iQIYI per ADS was RMB0.49 (US$0.07) for the third quarter of 2023, compared to diluted net loss attributable to iQIYI per ADS of RMB0.46 in the same period of 2022.
  • It will automatically direct you to the registration page of "iQIYI Third Quarter 2023 Earnings Conference Call", where you may fill in your details for RSVP.

iQIYI Gains Attention with Theatrical Releases and Socially Impactful Storytelling

Retrieved on: 
Friday, December 22, 2023

BEIJING, Dec. 22, 2023 /PRNewswire/ -- iQIYI, an innovative market-leading online entertainment service in China, has gained significant attention and acclaim for its recent theatrical releases in China and overseas.

Key Points: 
  • BEIJING, Dec. 22, 2023 /PRNewswire/ -- iQIYI, an innovative market-leading online entertainment service in China, has gained significant attention and acclaim for its recent theatrical releases in China and overseas.
  • These include crime films such as The Invisible Guest and Wolf Hiding, as well as the socially focused Trending Topic.
  • The Invisible Guest, presented by iQIYI PICTURES, has achieved 100 million RMB (approximately 14 million USD) box office gross in just four days, swiftly capturing moviegoers' attention following its highly anticipated release.
  • Furthermore, iQIYI's commitment and dedication to creating a positive societal impact through its content offering is highlighted in its recent theatrical release, Trending Topic.

Pixelworks Enables Lifelike Visual Display on HONOR 90 GT Smartphone

Retrieved on: 
Thursday, December 21, 2023

SHANGHAI, Dec. 21, 2023 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of visual processing solutions, today announced the newly launched HONOR 90 GT smartphone incorporates the Pixelworks X series visual processor. The processor provides specific solutions to enhance the visual experience for different types of displayed content, resulting in cinematic video quality and ultra-smooth gaming experience. Additional features of the X series visual processor, such as color calibration, skin tone protection, and smooth brightness control, also enabled the HONOR 90 GT to deliver more immersive and vivid visual quality across various visual scenarios.

Key Points: 
  • SHANGHAI, Dec. 21, 2023 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of visual processing solutions, today announced the newly launched HONOR 90 GT smartphone incorporates the Pixelworks X series visual processor.
  • Powered by the Snapdragon® 8 Gen 2 Mobile Platform from Qualcomm Technologies, Inc. and Pixelworks visual processor, the HONOR 90 GT smartphone embodies strong overall visual processing capability and superb display quality.
  • Specific to movie content, consumers can enjoy dedicated cinematic motion mode brought by Pixelworks' visual processor on the HONOR 90 GT.
  • "As the latest demonstration of HONOR's high-performance products, the HONOR 90 GT smartphone, equipped with Pixelworks' visual processor, seeks to fully satisfy the demands of all daily visual scenarios.

Global Mofy Metaverse Limited Accredited for iQIYI’s Leap Project, Enters into Negotiation on Cooperation Agreement to Provide Visual Effect Services

Retrieved on: 
Thursday, November 16, 2023

Global Mofy Metaverse has been officially selected to join a strategic collaboration with iQIYI through a two-year partnership agreement (the “Agreement”), which establishes the Company as an accredited visual effects supplier within IQIYI's ecosystem, specifically focusing on delivering virtual technology services.

Key Points: 
  • Global Mofy Metaverse has been officially selected to join a strategic collaboration with iQIYI through a two-year partnership agreement (the “Agreement”), which establishes the Company as an accredited visual effects supplier within IQIYI's ecosystem, specifically focusing on delivering virtual technology services.
  • The Company expects to sign a formal collaboration agreement with iQIYI early next month.
  • Pursuant to the Agreement under negotiation, Global Mofy Metaverse will play a pivotal role in iQIYI's future film and television projects.
  • The collaboration with iQIYI, which is renowned for its high-quality content offerings, presents a significant opportunity for Global Mofy Metaverse to showcase its expertise and expand its market presence.

4th APEC Women Connect "Her Power" Entrepreneurship Competition Announces Partner Lineup and E-Learning Sessions

Retrieved on: 
Friday, December 15, 2023

These collaborations represent the APEC Women Connect "Her Power" Entrepreneurship Competition's extensive engagement in cross-border e-commerce, social commerce, and dynamic consumer product sectors guided by influential figures.

Key Points: 
  • These collaborations represent the APEC Women Connect "Her Power" Entrepreneurship Competition's extensive engagement in cross-border e-commerce, social commerce, and dynamic consumer product sectors guided by influential figures.
  • These sectors include cosmetics, electronics, personal healthcare, and even cross border real estate," said Diane Wang, Founder of APEC Women Connect.
  • The fourth annual APEC Women Connect "Her Power" Entrepreneurship Competition extends special thanks to business partners, including:
    vivo Communication Technology Co. Ltd. — vivo is a world leading brand of innovative smartphones and accessories.
  • Upcoming events include the competition award ceremony as well as the annual APEC Women Connect workshop in January 2024, during which the competition's esteemed partners and speakers are also set to participate.