Chinese video streaming giant iQiyi accused of fraud, company says report contains 'misleading conclusions'
April 08, 2020 at 03:52 AM EDT
Wolfpack Research alleged in a report that iQiyi, which is majority owned by Chinese search giant Baidu, overstated revenue for 2019 through a number of means, including the way it booked revenue from subscriptions via third parties and content licensing deals.