BEIJING, Aug. 14, 2019 /PRNewswire/ -- The mobile
application of iQIYI -- iQIYI, Inc. (NASDAQ:IQ) ("iQIYI" or the
"App"), a market-leading online entertainment service in
China, has been ranked by
App Annie, a global mobile app
analytics and market data platform, as number 4 on its world's top
10 most popular mobile applications ranking of July 2019 by revenue (the "Ranking"). Notably,
half of the applications listed in the Ranking were streaming
platforms; Netflix and YouTube were listed among the top three.
In addition, iQIYI ranked number 1 in App Annie's July
2019 Popular Online Video Apps by revenue for the
China region in the iOS
App Store and was followed by
Tencent Video and Youku. iQIYI also
ranked number 3 in App Annie's
July 2019 Popular Online Video Apps
by download number for the China
region in the iOS App Store. Both
achievements can be attributed to iQIYI's commitment to producing
high-quality and original content, and the application of
innovative AI technologies. Since July
2019, iQIYI has released a significant number of successful
original drama series including Last One
Standing, Love and Destiny and A Little
Reunion, and multiple hit online variety shows including The
Rap of China 2019, The Big
Band and Mr. Housework.
Driven by technological advancements and rapid development of
the entertainment industry, online video streaming has become an
important part of global consumers' lives. As people become more
willing to pay for high-quality content, unlimited growth and
profitability lie ahead for the video streaming sector. iQIYI's dedication to meeting diverse
entertainment needs of users and providing them with optimal
viewing experiences has helped itself achieve remarkable membership
conversion. On June 22nd
2019, iQIYI announced that its total subscribers surpassed the 100
million milestone, making iQIYI the first Chinese video streaming
platform to accomplish so. Going forward, the company will continue
spearheading the high-speed
development of China's online
entertainment industry with its technological innovations and
diverse entertainment services.
About iQIYI, Inc.
iQIYI, Inc. is an innovative market-leading online entertainment
service in China. Its corporate
DNA combines creative talent with technology, fostering an
environment for continuous innovation and the production of
blockbuster content. iQIYI's platform features highly popular
original content, as well as a comprehensive library of other
professionally-produced content, partner-generated content and
user-generated content. The Company distinguishes itself in the
online entertainment industry by its leading technology platform
powered by advanced AI, big data analytics and other core
proprietary technologies. iQIYI attracts a massive user base with
tremendous user engagement, and has developed a diversified
monetization model including membership services, online
advertising services, content distribution, live broadcasting,
online games, IP licensing, online literature and e-commerce.
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SOURCE iQIYI, Inc.