iQiYi, Chinese Video Streamer, Swings Deeper Into Loss as Q3 Revenues Drop 8%, but Chiefs Tout Content Wins
News Source : Variety
News Summary
- Chinese streaming giant iQiYi posted an 8% revenue decline and deepened losses in the third quarter of 2025.
- Total revenues fell to RMB6.68 billion ($938.7 million) for the quarter ended Sept. 30.
- That compares to a steeper 11% drop in the previous quarter, when revenues hit RMB 6.63 billion ($925.3 million) CEO Yu Gong struck a positive note, emphasizing the platform's drama market leadership and growing international operations.
Chinese streaming giant iQiYi posted an 8% revenue decline and deepened losses in the third quarter of 2025, though executives emphasized the platforms drama market leadership and growing internatio [+3156 chars]
Never miss a story from us, subscribe to our newsletter