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iQIYI Announces Fourth Quarter and Fiscal Year 2020 Financial Results

iQIYI Announces Fourth Quarter and Fiscal Year 2020 Financial Results
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BEIJING, Feb. 17, 2021 /PRNewswire/ iQIYI, Inc. (Nasdaq: IQ) ( iQIYI or the Company ), an innovative market-leading online entertainment service in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2020.
Fourth Quarter 2020 Highlights
1), representing a 1% decrease from the same period in 2019.
Operating loss was RMB1.3 billion (US$200.4 million) and operating loss margin was 18%, compared to operating loss of RMB2.5 billion and operating loss margin of 34% in the same period in 2019.
Net loss attributable to iQIYI was RMB1.5 billion (US$237.2 million), compared to net loss attributable to iQIYI of RMB2.5 billion in the same period in 2019. Diluted net loss attributable to iQIYI per ADS was RMB2.10 (US$0.32), compared to diluted net loss attributable to iQ ....

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Baidu Announces Fourth Quarter and Fiscal Year 2020 Results

/PRNewswire/ Baidu, Inc. (NASDAQ: BIDU) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced unaudited. ....

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