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'China's Netflix' Wants To Woo Aging Population With AI Content After Turning Profitable
Tuesday, April 23, 2024 - 6:35am | 691iQiyi Inc. (NASDAQ:IQ), often referred to as China’s Netflix, is adapting its strategy to cater to the country’s aging population. The company is also leveraging artificial intelligence (AI) to enhance its content production. What Happened: iQiyi’s CEO and founder, Gong Yu,...
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Benzinga's Bulls & Bears Of The Week: AT&T, Caterpillar, Nike, Tesla And More
Sunday, August 5, 2018 - 11:25am | 860Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included earnings winners, a telecom giant and a defense contractor. Bearish calls included the FAANG stocks and a leading electric vehicle maker. While much of the attention this past week was on the...
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Baidu's Video Streaming Unit iQIYI Files For IPO
Wednesday, February 28, 2018 - 10:50am | 386The IPO market is fighting to break out of a lukewarm phase and shift to top gear. The return of Chinese issuers to the IPO market was one of the reasons for a fairly decent showing in 2017, according to IPO expert Renaissance Capital. What Happened Baidu Inc (ADR) (NASDAQ: BIDU)'s...
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WWE Network Enters China Just In Time For SummerSlam
Thursday, August 10, 2017 - 3:47pm | 471World Wrestling Entertainment, Inc. (NYSE: WWE) shares jumped 3 percent Thursday after the company announce it would be launching the WWE Network in China starting on Aug. 18. WWE announced a new partnership deal with Chinese streaming company PPTV just 10 days ahead of its SummerSlam pay-per-view...
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Where You Should Expect To See Effects Of Netflix's Breakthrough In China
Wednesday, April 26, 2017 - 11:18am | 448Netflix, Inc. (NASDAQ: NFLX) announced this week it will enter the Chinese market through a partnership with the country's biggest streaming platform, iQIYI. The announcement helped boost Netflix's stock higher by nearly 6 percent, as the entrance into the very large (but also very censored...
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China, Meet Netflix
Tuesday, April 25, 2017 - 9:57am | 315Part of Netflix, Inc. (NASDAQ: NFLX)'s long-term story is based on the streaming video provider's eventual entry to the very large but restrictive and heavily censored Chinese market. Netflix's CEO Reed Hastings acknowledged in October 2016 that its prospects in China is "not...