Recent events
Recent events tied to this brand in public sources.
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2026
Mengniu apologizes over milk-waste backlash
Mengniu apologized after its Youth With You 3 marketing campaign encouraged purchases of bottled milk for contestant voting, prompting fans to discard milk and criticism of the campaign. iQIYI also apologized and said it took responsibility for the programme's rules and their effects.
2026
AIGC creative centers established in Guangzhou
Two content-production centers, the iQIYI AIGC (Greater Bay Area) Creative Center and the China Mobile–Migu AIGC (Greater Bay Area) Creative Center, were established in Guangzhou.
2026
iQIYI reports Q2 2026 unaudited financial results
iQIYI released its unaudited second-quarter 2026 financial results for the period ended June 30, 2026, reporting total revenue of RMB 6.29 billion, a 1% sequential increase, and a Non-GAAP operating loss of about RMB 30.3 million, narrowing from RMB 150 million in the prior quarter. Net cash inflow from operating activities was RMB 340 million, compared with a net outflow of RMB 12.7 million in the same period of 2025, and cash, cash equivalents, short-term restricted funds and short-term investments totaled about RMB 4.12 billion as of June 30.
2022
iQIYI announces March VIP Member Benefits Day
iQIYI said it would launch a March Member Benefits Day for VIP members on March 27, featuring a celebrity as a membership-benefits experience ambassador and offering member gifts.
2022
Court upholds judgment in iQIYI account-rental dispute
The second-instance court rejected Nan'ao Company's appeal and upheld the lower court's judgment, finding that the challenged conduct constituted unfair competition and infringed iQIYI's legitimate rights and interests.
2022
iQIYI partners with FAW-Volkswagen for in-car app distribution
iQIYI announced a partnership with FAW-Volkswagen to offer downloads of the app in the ID. family electric vehicles' in-car app store starting January 28.
2021
iQIYI workforce reduction reported
A report said iQIYI would cut 20%–40% of its workforce across multiple business departments and studios; the article says a company insider confirmed the layoffs to the reporter.
2021
iQIYI conducts large-scale layoffs
A report citing multiple iQIYI employees and insiders said the company was conducting a large-scale round of layoffs, affecting multiple departments and including some departments that were almost entirely cut.
2021
iQIYI launches Qiyu Dream VR headset
At an iQIYI VR product launch event, the company introduced the Qiyu Dream VR device. The article reports a price of 1999 yuan and describes its specifications and features.
2021
iQIYI ends Taiwan agency partnership
iQIYI decided not to renew its agreement with Taiwan agent OTT Entertainment when the contract expires at the end of the year, ending the business cooperation.
2021
iQIYI cancels advance on-demand viewing
iQIYI founder Gong Yu said the service cancelled advance on-demand viewing because members were dissatisfied, rather than in response to pressure from regulators. He said the company was willing to bear the cost to improve member satisfaction.
2021
iQIYI cancels episode early access and member-only promotional clips
iQIYI announced that, effective that day, it was cancelling early access to episodes and promotional clips visible to members.
2021
iQIYI launches QiYu 3 VR all-in-one headset
iQIYI formally launched the QiYu 3 VR all-in-one headset, priced at RMB 3,499. The article also reports that first-time owners would receive access to 30 free games.
2021
iQIYI launches Watch Party feature
iQIYI launched Watch Party on its streaming platform, synchronizing video playback so groups of users can watch content together remotely.
2021
Court rejects appeal in iQIYI viewing-records privacy case
Shanghai No. 2 Intermediate People's Court rejected Wu Shengwei's appeal and upheld the lower court's judgment. The court said iQIYI and the law firm had submitted and displayed his login and viewing records in a closed pretrial meeting to support their case, and found no subjective fault or infringement of another person's rights.
2021
Court orders Wuxi Cable Network branch to pay iQIYI 10,000 yuan
The Beijing Internet Court ruled in an information-network dissemination rights dispute that a Wuxi branch of Jiangsu Broadcasting Cable Information Network had infringed iQIYI’s rights by providing the drama “Untouchable Lovers” for online viewing without authorization, and ordered the branch to pay 10,000 yuan in economic losses. The defendant had argued that the service had not been substantively promoted or launched and disputed iQIYI’s claim.
2021
Court orders iQIYI to pay LeTV ¥50,000 for copyright infringement
The Beijing Internet Court found that iQIYI provided two works for online playback without the rights holder’s permission, infringing LeTV’s information network dissemination rights, and ordered iQIYI to pay LeTV ¥50,000 in economic damages.
2021
Court rules iQIYI infringed LeTV's online transmission rights
The Beijing Internet Court found that iQIYI provided online playback of works without the rights holder's permission, infringing LeTV's information network dissemination rights, and ordered iQIYI to pay LeTV 50,000 yuan in economic losses within seven days after the judgment took effect.
2021
iQIYI announces new Love Theater
At its May 14 content event, iQIYI announced Love Theater, a new drama programming brand focused on romance content, and listed titles for the theater.
2021
Beijing authorities fine Youku and iQIYI
Beijing cultural market enforcement authorities fined Youku and iQIYI 90,000 yuan each after investigating violations by the video platforms.