iQIYI, Inc. (IQ)


iQIYI, Inc. (IQ) is an online entertainment company based in Beijing, China. The Company operates one of the world’s largest video sites and boasts one of the largest subscribing member bases among all streaming services in China. Through its website, mobile app, and smart TV interfaces, the Company offers a variety of premium video content, including original programs produced through more than 50 in-house studios, as well as externally produced content through licenses and partnerships. IQ produces, aggregates, and distributes a wide variety of professionally produced content (PPC) - As of December 31, 2021, IQ had over 40,000 PPC titles in its library, comprised of drama series, variety shows, films and other programs - as well as a range of other video content in a variety of formats. The Company generates revenues primarily through membership services, online advertising and content distribution. Other revenue sources include online games, live streaming, IP licensing, and talent agency. Product offerings primarily include internet video, online games, live streaming, online literature, and animation.