According to iReasearch, iQiyi and PPS together have more video viewing time than youku, tudou and funshion for the first time. After the merger of Baidu’s iQiyi and PPS, the combined users reached 269,817,000 hours of the total viewing time, becoming the first in the industry with Youku & Tudou second and funshion third. However, […]
iQiyi (iQiyi.com), formerly Qiyi
iQiyi (iQiyi.com), formerly known as Qiyi, is China's leading advertising supported online video portal that focuses on fully licensed, high-definition, professionally produced contents. The company was invested by Baidu, Inc. and Providence Equity Partners in early 2010. Baidu acquired the Providence Equity Partners stake in iQiyi in November 2012.
Users can search and watch ad-supported iQiyi.com videos on their mobile devices free of charge. Paying subscribers can enjoy premium services on iQiyi, including ad-free video streaming and access to premium content. In May 2013, Baidu acquired and merged the online video business of PPS with iQiyi. PPS operates as a sub-brand of iQiyi. The combined platform is one of the leaders of online video space in China.
According to iResearch, the top 10 online video websites in the second quarter by total daily reach: Youku.com Tudou.com Xunlei.com Qiyi.com (Baidu) Ku6.com 56.com cntv.cn pps.tv pptv.com joy.cn
There are rumors that Baidu is to acquire Tudou.com. According to a Securities Times reporter‘s source who’s close to Baidu senior management, Baidu has approached Tudou.com with two acquisition proposals. One option is direct acquisition of Tudou.com by Baidu and Tudou will remain independent operation and focus on UGC and original production. The other option […]
In Q1 2011, three online video portals, Youku Tudou and Qiyi, combined represent over 70% market share by effective browsing time. 86.4% of China internet users watch video online, which is close to 340 million. Total effective browsing time in total in Q1 is 3,64 billion hours, up 22.1% from the previous quarter.
Qiyi.com, China’s Hulu clone, recently launched in-video links. It was reported in several Chinese media including Sina and DoNews. Several news media reported it as an advanced facial recognition technology while it looks to me more like an embedded links.
Baidu is to launch its HD video portal site QiYi.com in March. It announced its ambition in HD video in early January this year and hired former 12580 COO Gong Yu to be its CEO. QiYi.com aims to provide FREE and legal high definition video to Internet netizens and try to duplicate Hulu’s business model […]