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Aya Lin · · 1 min readIn brief: China’s iQiyi hits 100 million paying subscribers, driving global push
- Chinese video-streaming app iQiyi is planning to further push its expansion efforts into North America and Japan after it hit 100 million paying subscribers this month, Reuters reported, citing a senior executive of the company.
- Often dubbed as China’s answer to Netflix, iQiyi currently has a licensing deal with the US media services provider. But the Chinese platform’s global drive may see the two companies go head-to-head.
- “Given more time, I think we can have a lot of opportunities in other markets globally,” said Yang Xianghua, iQiyi’s president of membership and overseas business.
Editing by Eileen C. Ang
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