Core Insights - iQIYI's stock rose over 4% to $2.145 following the release of its Q3 financial report, which showed total revenue of 6.68 billion RMB [1] - The overseas business, identified as a second growth curve for iQIYI, continued to experience rapid growth, achieving the highest revenue growth rates in nearly two years [1] - Key metrics such as international daily average subscribers reached an all-time high, and membership revenue increased by over 40% year-on-year [1] Revenue Growth - iQIYI's total revenue saw a double-digit growth both year-on-year and quarter-on-quarter [1] - Membership revenue from Brazil, five Spanish-speaking markets, Mexico, and Indonesia experienced over 100% year-on-year growth, indicating strong appeal in emerging markets [1] Content Performance - Several self-produced micro-dramas, including "What a Mess," performed exceptionally well overseas, contributing to a 140% quarter-on-quarter increase in membership revenue [1] - As of September 30, micro-dramas have become the second-largest content type on the platform, following long series, in terms of membership revenue and viewing time [1] Future Development - The company is accelerating the development of local self-produced micro-dramas, with multiple projects in English, Thai, Korean, and Indonesian already in production, expected to launch within the year [1]
爱奇艺(IQ.US)涨逾4% 海外业务持续保持高速增长