BEIJING, July 9, 2018 /PRNewswire/ -- iQIYI
Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an
innovative market-leading online entertainment service
in China, today announced it has been honored as one of
China's New Economy Top 20 Brands
at the New Economy Forum hosted in Beijing by Economic View, China News Services'
new financial media arm. The list is a rundown of the most powerful
players in the Chinese tech industry, featuring the likes of
Alibaba, Tencent, and Baidu. iQIYI
was the only online entertainment platform to be included in the
Top 20, showing that iQIYI's powerful combination of the best
entertainment content with the most advanced technology has
cemented its place among China's
leading technology companies.
The New Economy Top 20 award was co-issued by the Economic View
Research Institute and Qingbo Big Data Corporation. The list seeks
to determine the most important brands to the Chinese public and
was compiled using big data to comprehensively evaluate more than
100 Chinese businesses, considering factors including internet
exposure, public recognition, and media coverage.
"We are thrilled to be named to this list alongside so many of
the most exciting and innovative companies in the Chinese economy,"
said Chen Hongjia, iQIYI's Vice President. "We believe that it is
our unwavering commitment to technological innovation and high
quality content that has allowed us to attain this honor in such a
short period of time. In the future, we will strive to expand our
business even further and become the definitive Chinese
entertainment platform."
As consumer lifestyles and habits change with developments in
the fields of internet, digital technology and artificial
intelligence (AI), it is more important than ever for companies to
be able to constantly innovate and adapt. iQIYI has responded to
this challenge by continually investing in IP and creating content
that has applications to the entire industry chain. For example,
iQIYI's smash hit The Rap of
China, which will
broadcast its second season this week, has partnered with 13
well-known brands including Chow Sang Sang and the NBA.
In the eight years since its founding, iQIYI has evolved from an
online streaming platform into a comprehensive entertainment
provider, producing and distributing a a vast range of content and
services including video, games, animation, literature, e-commerce,
live broadcasting and more. In the future, iQIYI will continue to
pursue its mission of becoming a technology-based entertainment
giant, while continuing to play a key role in the development of
China's new economy.
About iQIYI, Inc
iQIYI, Inc. (NASDAQ:IQ) ("iQIYI" or the "Company") 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 diversified
monetization models, including membership services, online
advertising services, content distribution, live broadcasting,
online games, IP licensing, online literature and e-commerce etc.
For more information on iQIYI, please
visit http://ir.iqiyi.com.
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SOURCE iQIYI, Inc.