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Company:
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IQIYI, INC. (IQ)
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Form Type:
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SC 13D/A
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Filing Date:
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3/14/2022
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CIK:
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0001722608
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Address:
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3/F, IQIYI YOUTH CENTER YOOLEE PLAZA
NO. 21, NORTH ROAD OF WORKERS STADIUM
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City, State, Zip:
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CHAOYANG DISTRICT BEIJING, 100027
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Telephone:
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861062677171
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Fiscal Year:
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12/31
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Last Trade
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Last Trade:
$6.67
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Change:
-0.17 (-2.49%)
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Trade Time:
Mar 27
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Market Cap:
$23.90B
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Description of Business
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We launched qiyi.com under the QIYI brand in April 2010 as an internet video
streaming service in China. Our holding company, Ding Xin, Inc., was
incorporated in November 2009 in the Cayman Islands. Ding Xin, Inc. was
subsequently renamed Qiyi.com, Inc. in August 2010 and later iQIYI, Inc. in
November 2017. QIYI was rebranded as iQIYI in November 2011.
In March 2010, we established a wholly-owned PRC subsidiary, Beijing QIYI
Century Science & Technology Co., Ltd., or Beijing QIYI Century. In November
2011, we obtained control over Beijing Xinlian Xinde Advertisement Media Co.,
Ltd. and in May 2012 we renamed it Beijing iQIYI Science & Technology Co., Ltd.,
or Beijing iQIYI, to operate our internet video streaming services. In December
2012, Shanghai iQIYI Culture Media Co., Ltd., or Shanghai iQIYI, was established
as our exclusive advertising agent. In May 2013, we acquired the online video
business of PPS.
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