$iQIYI (IQ.US)$ In recent years, iQiyi has failed in its str...

$iQIYI(IQ.US)$ In recent years, iQiyi has failed in its strategy. In the past few years, iQiyi did not expand overseas, but now it is the second half. When the competition of overseas streaming media is fiercest, iQiyi will expand overseas. Take The Korean drama Jiri Mountain for example, 150 million yuan only bought the copyright of 7 countries, more disgusting is not the copyright of the Chinese mainland, is really a big idiot. Iqiyi can not see any profit hope in the next few years, can only rely on continuous financing to survive. Gong Yu, THE CEO, is a very short - spoken man, who always speaks better than he does.