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iQiyi, Chinese Video Streamer, Profits Halved in Third Quarter

22 November 2024 at 02:20
Chinese video streaming group iQiyi incurred setbacks in subscriptions and advertising, but was able to improve its content sales, leading to a July to September quarter that was down in revenue and profit terms. Total revenues were RMB7.2 billion ($1.0 billion), a decrease of 10% year over year in the third quarter of iQiyiโ€™s current [โ€ฆ]

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