$iQiyi Inc.(IQ)$ In 2024, China’s micro-short drama market has reached a scale of 50.4 billion yuan, and it’s expected to exceed 68 billion yuan in 2025 and surpass 100 billion yuan by 2027. In this dynamic online video industry, iQIYI continues to play the role of a "trendsetter."
Notably, two of iQIYI's new short dramas made it to the top 20 in the 2024 split-ticket box office rankings. The latest platform report shows that "Original Sin" has already surpassed 30 million yuan in split-ticket earnings, setting a new record for 2024 in the micro-short drama industry, with more earnings still coming in.
iQIYI’s performance is generating high expectations from both within and outside the industry. We have every reason to believe that it will continue to surprise audiences with its unique strategic vision and strong execution, setting new benchmarks for the industry’s development.
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