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We’ll Pass On iQiyi Shares, At Least For Now

June 30th, 2020 · No Comments

  • At first sight, the massive shift from linear to CTV and the large Chinese market seem like a mega opportunity for CTV players like iQiyi.
  • However, at present the company can’t even produce positive gross margins and is bleeding cash, despite solid subscriber and ARPU growth.
  • And it turns out that much of the future operational leverage hoped for depends on government regulation controlling costs.

Source: We’ll Pass On iQiyi Shares, At Least For Now (NASDAQ:IQ) | Seeking Alpha

Tags: IQ