Charts of the Day: Losses Grow at Short Seller-Targeted Chinese Video Firm

Caixin Global | May 29, 2020 at 9:36 PM
  • A major Chinese video streaming platform targeted by an American short seller has reported bigger losses amid the fallout of the new coronavirus pandemic.
  • In the first quarter, iQiyi’s revenue and cost of revenue both grew 9% year-on-year.
  • Other video streaming platforms saw a similar trend.