iQIYI, Inc.

iQIYI, Inc., is a leading online entertainment service provider in the People’s Republic of China. It offers a variety of products and services, including internet video, online games, live broadcasting, online literature, animations, e-commerce, and social media platform. It has a wide selection of professionally-produced content licensed from professional content providers and self-produced content. It also provides membership, content distribution, and online advertising services. Furthermore, it operates iQIYI Show, a live broadcasting service that enables users to follow their favorite hosts, celebrities, and shows in real time through live broadcasting; and iQIYI Lite, an easy and quick access to the personalized videos based on their user preferences. It is also involved in talent agency and IP licensing activities, as well as engages in developing a video community app.

iQIYI, Inc. was incorporated in 2009 and is headquartered in Beijing, China. It is a subsidiary of Baidu Holdings Limited, a leading Chinese technology company. As of December 2020, its market capitalization was approximately US$17 billion, and it had over 100 million subscribers. The company has a presence in over 200 countries and regions, and it offers its services in multiple languages. It has a number of strategic partnerships with leading companies such as Tencent, Youku, and Sohu. It also has several subsidiaries in the US, Japan, and South Korea. In 2020, it launched an AI-powered video streaming platform called iQIYI AI, which provides personalized video recommendations based on users’ preferences. The company also has a strong focus on innovation and has invested heavily in research and development. It has filed over 3,000 patent applications in China and has over 1,000 issued patents.