0
Broadband

iQiyi's Q3 revenues jump 7%, net loss widens to CNY 3.7 billion

Monday 11 November 2019 | 10:45 CET | News
Chinese online video platform iQiyi reported total revenues of CNY 7.4 billion (approximately USD 1 billion) for the third quarter of 2019, which represents an increase of 7 percent year-on-year. Membership services revenue amounted to CNY 3.7 billion, up 30 percent from the same period in 2018. The revenue growth was mainly boosted by increasing number of subscribing members, driven by iQiyi's premium content and operational initiatives during the quarter, the company said.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Internet
Companies: iQiyi
Countries: China
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

iQiyi's Q1 revenues grow 9%, net loss widens

Published 19 May 2020 12:49 CET | China
Chinese online video platform iQiyi saw its first-quarter revenues reach CNY 7.6 billion, which represents an increase of 9 ...

iQiyi introduces Suike video sharing platform

Published 02 Apr 2020 18:19 CET | China
Chinese online video platform iQiyi has launched its 'Suike' video-sharing platform. Suike users will have access to long and ...

iQiyi launches Qisubo streaming service in Myanmar

Published 22 Jan 2020 10:55 CET | Myanmar
Chinese online video platform iQiyi has launched its 'Qisubo' streaming service in Myanmar, in partnership with local operator ...

iQiyi says AI helped it improve efficiency

Published 29 Nov 2019 08:50 CET | China
Chinese online video streaming company iQiyi's VP Wang Xuepu told CNBC that AI enhanced the company's efficiency in all aspects ...

Baidu's revenues almost flat, turns to net loss in Q3

Published 07 Nov 2019 07:37 CET | China
Chinese internet giant Baidu reached total revenues of CNY 28.1 billion (approximately USD 3.93 billion), flat from last year, ...

iQIYI strikes partnership deal with Astro in Malaysia

Published 06 Nov 2019 12:23 CET | Malaysia
Chinese online video platform iQiyi has partnered with Malaysian pay-TV services provider Astro. Based on the global operations ...

iQiyi revenues up 15% to CNY 7.1 bln in Q2

Published 20 Aug 2019 09:20 CET | China
Chinese online video platform iQiyi reported revenues for Q2 up 15 percent year-on-year to CNY 7.1 billion. Membership services ...

Baidu's revenue grows 9%, turns to net profit in Q2

Published 20 Aug 2019 07:39 CET | China
Chinese internet company Baidu reported total revenues of CNY 26.3 billion (approximately USD 3.84 billion) for the second ...





Calendar   /   Industry Events

26 Oct Cabsat
26 Oct MWC Los Angeles
27 Oct Spotify Q3 2021
27 Oct Twilio Q3
27 Oct Netgear Q3
27 Oct Ooredoo Q3 2021
27 Oct Megacable Q3
27 Oct Vertiv Q3
27 Oct TIM Q3 2021
27 Oct Hrvatski Telekom Q3 2021
27 Oct Android Dev Summit
27 Oct Digital Utilities Europe 2021
28 Oct Nokia Q3 2021
28 Oct Telenor Q3 2021
28 Oct Swisscom Q3 2021
28 Oct Telenet Q3 2021
28 Oct CyrusOne Q3
28 Oct Telefonica Brasil Q3
28 Oct STMicroelectronics Q3
28 Oct Comcast Q3
28 Oct Rovio Q3 2021
28 Oct MTN Nigeria Q3 2021
28 Oct Millicom Q3 2021
28 Oct American Tower Corporation Q3
28 Oct HKBN FY results
28 Oct Amazon Q3
28 Oct Samsung Electronics Q3 2021
28 Oct CoreSite Q3 2021
28 Oct Airtel Africa Q3 2021
28 Oct Poly fiscal Q2
28 Oct Veon Q3 2021
28 Oct Apple fiscal Q3
28 Oct Cellnex Q3 2021
28 Oct Berec stakeholders forum
28 Oct Facebook Connect
::: More Calendar Items