IQiyi, Chinese Streamer, Loses Subscribers, but Records First Annual Profit ...Middle East

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IQiyi, Chinese Streamer, Loses Subscribers, but Records First Annual Profit
IQiyi, the Chinese streaming platform that is part of Baidu, revealed its first full year net profits, in 2023, even as its subscriber total dropped by more than 10%. The company enjoyed a 10% increase in revenue to RMB31.9 billion ($4.5 billion) in the year to December, it said in a regulatory filing on Wednesday. […]

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