iQiyi

IQiyi launched Nadou Pro, an AI tool for scriptwriting, storyboarding, and video rendering.

iQiyi also announced a US$100 million buyback and previewed long-form video AI tool Nadou Pro.

iQIYI reported an 11% year-on-year drop in revenue to US$925.3 million for Q2 2025.

iQiyi’s new platform will feature live shopping sessions hosted by artists and influencers.

Proceeds from the bond issuance will be allocated to managing existing debt and covering general corporate expenses.

These users, mostly from Southeast Asia, used Alipay+ partner e-wallets to pay for content and subscriptions on iQiyi’s international app in 2022.

Weijian Shan, executive chair of PAG, was also appointed to iQiyi’s board.

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IQiyi’s first quarter of profit-making seems to be more of a course correction, but mounting pressures lie ahead for the Chinese Netflix.

Under the deal, Douyin users can take clips from films and shows in iQiyi’s content library to make their own short videos, Nikkei Asia reported.