iQiyi
3/F, IQIYI Youth Center Yoolee Plaza, No. 21, North Road of Workers Stadium, Chaoyang District, Beijing, China
Overview
iQiyi is a Chinese ad-supported television and movie portal providing fully-licensed, high-definition, professionally produced content. iQiyi launched a large copyright procurement plan to create a comprehensive copyright content database covering movies, TV dramas, variety shows, documentaries, animation and travel, and other content. The company also enables brands to maximize their ROI with the SWS (Search-Watch-Share) model. Launched on April 22, 2010, as Qiyi, the company received investment funds from Baidu and Providence Equity Partners. On November 26, 2011, Qiyi announced its rebranding with the iQiyi brand name and a new logo. As of August 2012, iQiyi had over 370 million PC users, with a total monthly time spent of over 1,374 million hours, along with 90 million activated mobile users. iQiyi's major competitors include Youku.com, Tudou.com, and PPTV.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 7
Sector focus
- Content
- Digital Entertainment
- Media and Entertainment
- TV
Investment portfolio
- Xreal
Participated · Series A · Feb 2019
Xreal is a hardware startup focused on designing and manufacturing connected smart glasses. The company positions itself as a pioneer in the augmented-reality wearables space and showcased two new models, including an upgraded entry-level pair, at CES in Las Vegas. Management states that competitive pressure in smart eyewear is rising, prompting Xreal to bolster its balance sheet. According to CEO and co-founder Chi Xu, the firm’s post-money valuation now exceeds $1 billion. The fresh capital is expected to fund product launches, expand supply-chain capabilities, and support broader go-to-market efforts. While detailed revenue or user metrics were not disclosed, the company emphasizes strengthening its cash reserves to sustain growth initiatives.