iQIYI

iQIYI (Chinese: 爱奇艺; pinyin: Àiqíyì, pronounced in English as eye-CHEE-yee), formerly Qiyi (奇艺; Qíyì), is a Chinese subscription video on-demand over-the-top streaming television service owned by Baidu. Headquartered in Beijing, iQIYI primarily produces and distributes films and television series. iQIYI is currently one of the largest online video sites in the world, with nearly 6 billion hours spent on its service each month and over 500 million monthly active users. On March 29, 2018, the company issued its initial public offering in the United States and raised $2.25 billion.