iQiyi, a publicly owned Chinese multimedia company founded in 2010, offers a range of online services. Its core business is streaming services, but it also encompasses e-commerce, digital comics and literature, online gaming, ticket sales, and short-form video platforms. Employing approximately 3,320 people, iQiyi's headquarters are located in China. The company went public on the NASDAQ stock exchange in March 2018 (ticker symbol IQ) and reported revenues exceeding $1 billion in 2024.
iQIYI's stock performance in March showed a balance between increasing short interest and put contract purchases, and significant institutional buying. The company's stock continues to fluctuate, reflecting both bullish and bearish market sentiment. Separately, iQIYI announced plans to open its first theme park later this year. Yu Gong serves as the Founder and CEO of iQIYI.
iQiyi currently holds 27 broadcasting rights for sports competitions including ice hockey, futsal, combat sports, golf, soccer | association football, tennis, motorsports and american football.
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