iQiyi
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Chinese video platform iQIYI reportedly to lay off 20-40% of its workforce
Shares of iQIYI traded in the US have plunged in the past few months, with a cumulative decline of about 60 percent since July.
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iQIYI says found no evidence to support allegations of short seller, shares open over 3% higher
Shares of US-listed Chinese video streaming site iQIYI (Nasdaq: IQ) opened up more than 3 percent after the company said an internal investigation found no evidence to support allegations of short-selling agencies.
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iQiyi up by 40% in pre-market trading as report says Tencent plans to become largest shareholder
Tencent Holdings plans to become the largest shareholder in iQiyi to cut costs, Reuters said today, citing two people with knowledge of the matter.
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iQiyi denies short-selling claim, shares close up 3.22%
Short-selling agency Wolfpack Research released a report on Tuesday claiming that iQiyi is suspected of inflating revenue and exaggerating the number of users through accounting.
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iQIYI launches new YouTube-like app
Recently, an app called "iQIYI Instant Version" (爱奇艺随刻版) has quietly launched in Xiaomi, Samsung and other app stores.
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China video streamer iQiyi launches makeup social e-commerce app
Chinese streaming-video platform iQiyi launched a product called "Zhanyan" in January, focusing on the content, social networking and marketing of the trendy makeup field.