BEIJING, Nov. 29, 2015 /PRNewswire/ -- iQIYI, an
independently operated subsidiary of Baidu (NASDAQ:BIDU) and one of
the largest Internet and mobile video service providers in
China, today announced that
according to a recent report published by App Annie, iQIYI's mobile app was the
7th top app by revenue globally, gaining two spots from
its 9th place ranking in July.
The report attributed iQIYI's surge in the worldwide rankings to
its growth in paid subscribers, driven by China's strong demand for premium content.
iQIYI's self-produced content such as The Lost Tomb, and its
cooperation with top-tier Hollywood studios, including Paramount,
Lionsgate and NBCUniversal, significantly enriched its offering to
subscribers who have access to a large number of premium content
franchises, including The Hunger Games and Divergent.
"This is an extremely exciting time in China's online streaming industry," said
Yu Gong, CEO and Founder of iQIYI.
"The premium content available for streaming on iQIYI's website and
app continues to expand and we are constantly improving user
experience through services such as our highly efficient online
payment system. With the explosive demand for high-quality content
and customized service, we expect that China's online streaming industry will
continue to develop very rapidly."
The full App Annie report is
available at
http://blog.appannie.com/worldwide-app-annie-index-apps-october-2015/
About iQIYI
Founded in April 2010, iQIYI is
one of the largest Internet and mobile video service providers in
China. An independently operated
subsidiary of Baidu, the world's largest Chinese search engine,
iQIYI is focused on providing Chinese users with the best possible
online video experience, and has become an industry leader in
developing innovative products and technologies.
For media inquiries, please contact:
Foote Group
Yajun
Zhang
+86 (10) 8429-9544
yajun@thefootegroup.com
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SOURCE iQIYI