iQiyi, Chinese Video Streamer, Profits Halved in Third Quarter

Chinese video streaming group iQiyi incurred setbacks in subscriptions and advertising, but was able to improve its content sales, leading to a July to September quarter that was down in revenue and profit terms. Total revenues were RMB7.2 billion ($1.0 billion), a decrease of 10% year over year in the third quarter of iQiyi’s current […]
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• #Iqiyi
• #Chinese
• #Video
• #Streamer
• #Profits
• #Halved
• #Variety
• #Music
• #News