Iqiyi Stock Price, News & Analysis

iQIYI, Inc. (NASDAQ: IQ), a leading online entertainment service in China, will release its financial results for the fourth quarter and fiscal year ended December 31, 2020, after the U.S. market closes on February 17, 2021. An earnings conference call is scheduled for the same day at 7:00 PM Eastern Time, where management will discuss the results. Investors can register online for the call to obtain dial-in information. A replay of the call will be available until February 25, 2021, and additional details can be found on the company's investor relations website.

iQIYI Inc. (NASDAQ: IQ) will premiere the action film Shaolin Master on February 12, 2021, through its Ultimate Online Cinema using the premium video-on-demand (PVOD) model. This release marks the first action film available online for the Chinese New Year holiday. The film, starring Wang Baoqiang, depicts a comedic character turned warrior monk. iQIYI's PVOD model gained popularity during the pandemic, with over 10 films launched last year, enhancing revenue and acclaim for the platform. This initiative aims to foster sustainable development in the online film ecosystem.

iQIYI Inc. (NASDAQ: IQ) announced the iQIYI Shout out for Love Gala 2021, the world's first multi-screen interactive live-streaming event, scheduled for January 15, 2021. The Gala emphasizes a theme of 'Love, Light, and Me', empowering subscribers with decision-making power during the event. Viewers can engage in a unique experience through real-time voting on performances and backstage access. The event is anticipated to become a signature brand event in the entertainment sector, reflecting iQIYI's commitment to innovation and audience engagement through its popular content.

iQIYI, Inc. (NASDAQ: IQ) announced the premier of its original CG-animated series Deer Squad on Nickelodeon in the U.S. on January 25, 2021. The series has already gained popularity in China, being the most played animation for seven consecutive weeks after its July 2020 premiere. Deer Squad, created with international standards, reflects iQIYI's commitment to expanding its global reach in children's content. The show ranked #1 among kids 2-14 in the Philippines and contributed to iQIYI's strategy of enhancing the international competitiveness of Chinese original animation.

On January 13, 2021, iQIYI Inc. (NASDAQ: IQ) launched the Qiyu 3, China's first CV head-hand 6DoF VR headset, powered by Qualcomm's Snapdragon XR2. The headset, which aims to revolutionize gaming experiences, is set for release in Q2 2021. Additionally, iQIYI introduced the 'Columbus' global developer recruitment program to establish a high-quality VR gaming ecosystem. Qiyu VR has achieved significant milestones since its inception, including becoming the top VR vendor in China during major shopping events. Recent funding of several hundred million RMB further strengthens its position in the VR market.

iQIYI, Inc. (Nasdaq: IQ) has announced the start of filming for its original film Fox Volant of the Snowy Mountain, adapted from Jin Yong's renowned novel. Filming began on January 3, 2021, at Hengdian World Studios. Produced by iQIYI and directed by Lu Yang, the film features a talented production crew and aims to reinterpret the classic martial arts story with modern visual effects. iQIYI continues to invest in diverse original film projects across various genres, enhancing its reputation in the online entertainment market.

iQIYI Inc. (NASDAQ: IQ) launched its original interactive VR film, Killing a Superstar, on Steam, enhancing its global distribution efforts. The film, which won the Best VR Immersive Story Award at the Venice Film Festival, targets nearly 100 million viewers and aims to elevate China's VR content worldwide. Killing a Superstar provides an immersive experience through multiple narratives and 360° panoramic shots, allowing viewers to switch scenes and engage with the storyline. The success of this project positions iQIYI for further VR content developments in 2021.

iQIYI Inc. (NASDAQ: IQ) recently completed a Series B funding round worth hundreds of millions RMB for its VR division, iQIYI Intelligent, setting a record for China's VR industry in 2020. The funds will enhance R&D for VR technologies and expand the company's VR content ecosystem. iQIYI Intelligent has established itself with innovative products like the Qiyu all-in-one VR headset. With IDC predicting AR/VR headset shipments to reach 76.7 million by 2024 and Goldman Sachs forecasting VR/AR market revenue exceeding USD 80 billion by 2025, iQIYI aims to lead in this burgeoning sector.