$iQiyi Inc.(IQ)$ Successfully sold iQIYI and made a nice profit! To be honest, iQIYI's performance has been quite decent recently, although total revenue has dropped compared to last year, the company still has some growth potential, especially with its focus on content creation and membership growth.
The recent stock price fluctuations gave me an opportunity, and there’s definitely some luck involved. The Q3 financial report for iQIYI shows a decline in revenue, but the company is adjusting its business model to cope with market pressures.
While the market cap isn’t too high, its content production capability and influence in the Chinese market are not to be underestimated!
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