RE:RE:Short IQIYIJust like to point out that IQIYI is now
ranked #31 in China. Slowly creeping up. :)
https://www.alexa.com/siteinfo/iqiyi.com
Passerbuyer wrote: I can't tell if you're a troll or just emotionally bipolar. In the long run, IQIYI will do well. I'm sure you realize they're owned by the second largest search engine in the world and the largest search engine in China. This stock is only at its infancy. Here's something to put your mind at ease. IQIYI is ranked 32 as the most popular site in China and has been rapidly rising in the last couple of years according to Alexa: https://www.alexa.com/siteinfo/iqiyi.com
A ton of their revenue comes from ad views in addition to subscriptions. Do a bit of research yourself and look at where some of their competitors stand, their growth rate, etc. The likelihood of a sustained 'trade war' is improbable. Concessions will be made. And people will still stream regardless of an economic downturn. The last time you were out of a job, did you stop using the internet? Did you cut your subscription to Netflix? Stop watching YouTube, Vimeo, Twitch, and so on? Probably not.Good luck with whatever you do.