# Chongqing iQIYI Intelligence Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chongqing-iqiyi-intelligence-technology-co

- Industry: Media
- Headquarters: Shanghai, China
- Website: www.iqiyi.com
- Total disclosed funding: $14M
- Latest round: Series B (Jan 5, 2021)
- Investors on record: 4

## About

Chongqing iQIYI Intelligence Technology Co., Ltd. is a prominent online video streaming service offering diverse content including movies and original programming, primarily serving the Chinese market with millions of subscribers seeking high-quality entertainment.Founded in 2010 and headquartered in Shanghai, China, Chongqing iQIYI Intelligence Technology Co., Ltd. operates as a leading online video platform specializing in streaming services. The company has undergone strategic developments to enhance its content library. CEO Wen Xiong has played a pivotal role in guiding the company’s vision. As of January 2021, iQIYI raised CNY 100.000 mn in a SERIES A funding round led by Addor Capital and Betrust Capital, bringing the total amount raised to CNY 100.000 mn.iQIYI is a leading online video streaming platform that offers a comprehensive range of content, including movies, TV shows, and original programming. The company features an extensive library of licensed and self-produced content, ensuring a diverse viewing experience for its users. The platform primarily serves the Chinese market, catering to millions of subscribers who seek high-quality entertainment options. Key offerings include popular shows such as 'The Rap of China,' various animated series, and films across genres, emphasizing original storytelling and cultural relevance. With a focus on enhancing user engagement, iQIYI also provides additional features like interactive content and community-driven discussions, positioning itself as a hub for digital entertainment.iQIYI generates revenue through a multi-faceted model that includes subscription plans and advertising partnerships. Subscribers can choose from various pricing tiers, providing access to a wide array of content based on their selected plan. Premium subscriptions offer an ad-free experience along with exclusive access to new releases and original programming. The company also collaborates with advertisers to monetize its extensive user base through targeted ad placements within its content. This B2C and B2B transaction structure enables iQIYI to maintain a steady flow of revenue while continually investing in new content and features to enhance user satisfaction and retention.Chongqing iQIYI Intelligence Technology Co., Ltd. is strategizing to enhance its product offerings and expand into new markets. The recent funding raised in January 2021 will support the development of new content and features. iQIYI aims to enter additional geographic regions beyond China, although specific target markets and timelines have not been disclosed.

## Funding rounds

- Series B, Jan 5, 2021 — Fresh Capital, Yitang Changhou Fund
- Series A, Nov 13, 2019, $14M — Addor Capital, Betrust Capital

## Investors

- Addor Capital (https://capitalatlas.ai/funds/addor-capital) — Series A
- Betrust Capital — Series A
- Fresh Capital (https://capitalatlas.ai/funds/fresh-capital) — Series B
- Yitang Changhou Fund (https://capitalatlas.ai/funds/yitang-changhou-fund) — Series B