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  • But The Wall Street Journal reported today that the Chinese government is now taking steps to help the country achieve its goal of 5.

  • While that sort of scheme may sounds too good to be true, we've tested these to make sure no initial investment is required and that it's not anything dodgy behind.

iQiyi Cuts Losses to $968 Million as Subscriber Numbers Slip

So, why waste any further time? However, iQiyi's growth stalled out as it faced intense competition from Tencent Video, Alibaba's Youku Tudou, Bilibili, and short video apps like ByteDance's Douyin also known as TikTok overseas.

  • Netflix, like many other streaming video platforms, experienced accelerating growth in 2020 as the pandemic forced more people to stay at home.

  • Thousands of exclusive originals, Chinese dramas, Korean dramas, Chinese variety shows, Korean variety shows and local titles are on their way.