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iQiyi Sports

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uuid0002skw

Namestring
iQiyi Sports
Legal namestring
iQiyi Inc.
Company typeenum
Public
Founded yearint
2010
Descriptiontext

iQiyi Sports (爱奇艺体育) is the sports content vertical of iQiyi Inc. (NASDAQ: IQ), one of China's three dominant long-form video platforms alongside Tencent Video and Youku. Operating from Beijing and integrated within iQiyi's broader entertainment ecosystem, the platform offers free ad-supported and paid VIP live streaming and on-demand video coverage of premium international sporting events including the UEFA Champions League, UEFA Women's Champions League, La Liga, the AFC Champions League Elite, the TGL Golf League, FIBA 3x3 basketball, the UIPM Modern Pentathlon World Cup, IRONMAN triathlon, and the Asian Porsche Carrera Cup. The underlying technology stack centers on HD/4K video streaming with Dolby audio support, delivered via the sports.iqiyi.com website and the iQiyi mobile application, with payment processing through Alipay and WeChat.

The platform monetizes through three streams: (1) recurring VIP subscription revenue for ad-free 1080P access and bundled entertainment content at promotional price points; (2) advertising revenue on the free tier including display, pre-roll, and sponsored content; and (3) commission-based transaction fees from an integrated lottery (福利彩票) offering tied to sports events. Distribution is direct-to-consumer across web and mobile, with cross-promotion through iQiyi's main entertainment platform. Content is sourced through rights agreements with premium sports governing bodies — UEFA, the Asian Football Confederation, and La Liga — positioning iQiyi Sports as a significant licensed distributor of international sports content in mainland China.

iQiyi Sports is not a separately incorporated entity; it operates as a division within iQiyi Inc., which completed its NASDAQ IPO in 2018 and is incorporated in the Cayman Islands as a holding company for its China-based operating subsidiary Beijing iQiyi Technology Co., Ltd. No sports-specific financial disclosure, management roster, or independent funding rounds are reported — sports division metrics are absorbed into consolidated iQiyi Inc. reporting. The 2018 funding rounds listed (totaling approximately $124M across two Series 2 transactions) relate to the broader iQiyi capital structure ahead of and during its NASDAQ listing rather than to the sports division specifically.

Short descriptiontext

iQiyi Sports is the sports streaming vertical of iQiyi Inc. (NASDAQ: IQ), offering Chinese viewers live and on-demand coverage of premium international sports including UEFA, La Liga, and the AFC Champions League via web and mobile with VIP and ad-supported tiers.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersBeijing, China
HQ citystring
Beijing
HQ countrystring
China
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
live sports streaming, video on demand, sports content platform, subscription video service, online sports media
Industry4 codes
1Sports Streaming Platforms
CodeMPACAAAEPrimaryYes
2Sports Streaming Distribution & App Platforms (CTV, Mobile, Web)
CodeMPAKAOALPrimaryNo
3Sports Highlights, Clips & VOD Libraries
CodeMPAKAOAFPrimaryNo
4International Sports Broadcasters & Rights Networks
CodeMPABAJAEPrimaryNo
NAICS code1 code
  • Spectator Sports7112
SIC code1 code
  • Cable & Other Pay Television Services4841
Product category
Online Sports Video Streaming
No data
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1VIP Subscription
TypeSubscription Recurring
Description

Premium membership subscription offering access to exclusive content, 1080P HD quality, early access to new releases, and ad-free viewing experience

sports.iqiyi.com
2Advertising
TypeAdvertising
Description

Advertising revenue from the free tier content, including display ads, pre-roll video ads, and sponsored content integrated into sports coverage

sports.iqiyi.com
3Sports Betting/Lottery Integration
TypeTransaction Fee
Description

Lottery (福利彩票) integration for sports events, generating commission-based revenue

sports.iqiyi.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Operations, Technology or R&D, Marketing or Sales, Personnel, Infrastructure
Pricing details1 tier
1VIP Premium Membership
ModelSubscriptionBilling cadenceMonthly
Notes

VIP membership includes hot dramas, HD movies, 1080P quality streaming with promotional super low pricing

sports.iqiyi.com
GTM typeB2C
B2C
Offering typeDigital Commerce or Conte…
Digital Commerce or Content
Core offering1 text field

iQiyi Sports is the dedicated sports streaming vertical of iQiyi, offering HD live broadcasts and on-demand video coverage of premium international sporting events such as UEFA Champions League, European Cup, La Liga, Asian Champions League, TGL Golf League, World Cup qualifiers, basketball, combat sports, and tennis. The service is delivered via a free ad-supported tier and a paid VIP membership that unlocks 1080P quality, ad-free viewing, and exclusive content, integrated within the broader iQiyi entertainment ecosystem and accessible through web and mobile channels in China.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

iQiyi Sports is a dedicated sports streaming platform operated by iQIYI, offering high-definition live broadcasts and video-on-demand of top-tier sporting events. The platform provides coverage of UEFA Champions League, World Cup, La Liga, Asian Champions League, Europa League, TGL Golf League, 3x3 basketball, modern pentathlon, triathlon, and other international sports competitions. The service operates as an integrated component within the broader iQIYI entertainment ecosystem, featuring live streaming, news coverage, event schedules, and on-demand replays for sports enthusiasts.

Product and service2 records
1iQiyi Sports Streaming Platform (爱奇艺体育)
CategorySports Video Streaming
Description

Online sports streaming service offering HD live broadcasts and video-on-demand of premium international sports events (UEFA Champions League, European Cup, La Liga, AFC Champions League, TGL Golf League, World Cup qualifiers, basketball, combat sports, tennis) to Chinese sports fans via web and mobile, available on free ad-supported and VIP tiers.

2iQiyi VIP Membership (Sports)
CategorySubscription Service
Description

Premium subscription tier granting 1080P HD streaming quality, ad-free viewing, early access to new releases, and exclusive sports content within the iQiyi Sports and broader iQiyi entertainment ecosystem, billed monthly and payable via Alipay or WeChat QR code.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-05-23
Description

iQiyi Sports holds broadcast rights for UEFA competitions including the Women's Champions League final 2025/26 and related UEFA content. The platform serves as a major distribution channel for UEFA sports content in China, enabling Chinese viewers to access live matches and related coverage.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

iQiyi Sports broadcasts the AFC Champions League Elite (亚冠精英联赛), providing live coverage, match replays, and award ceremonies for Asian club football competitions featuring teams from Japan, Saudi Arabia, and other Asian nations.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Coverage of Spanish football league matches, including Real Madrid player profiles, match highlights, and team news covering players like B席 (Bernardo Silva-style content), 库库雷利亚, and team activities.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

China Mobile's video and live sports platform, offering football and other premium sports content as part of telecom-bundled subscriptions. Directly comparable to iQiyi Sports in China with strong carrier-channel distribution.

TypeBroad incumbent
Description

Global sports OTT subscription platform operating across multiple markets. Comparable as a broad sports streaming incumbent, with similar SVOD economics, though operating in international rather than Chinese markets.

3PP Sports (PPTV)
TypeDirect peer
Description

Suning's sports streaming platform historically focused on football rights including Premier League and Serie A. Directly comparable Chinese sports OTT with a rights-driven content strategy similar to iQiyi Sports.

TypeRegional player
Description

MENA-region sports broadcaster with OTT streaming of premium football and other rights. Comparable as a regional sports streaming service with a rights-led, multi-league content mix, though serving a different geography than iQiyi Sports.

TypeEmerging player
Description

Leading Chinese football-focused digital media platform with news, video, and live content. Comparable as a Chinese sports audience platform, with overlap in football coverage and audience segment.

TypeEmerging player
Description

Major Chinese sports media community and content platform with growing live streaming and short-form video. Partially comparable as a Chinese sports content destination, though more community/UGC-driven than rights-driven.

TypeRegional player
Description

Singapore-based pay-TV operator with sports channel bundles and OTT. Comparable as a regional pay-TV sports distributor using subscription plus advertising monetization, though in a different geography than iQiyi Sports.

TypeDirect peer
Description

The sports vertical of Youku (Alibaba), one of China's three major long-form video platforms alongside iQiyi. It carries comparable live and on-demand sports content for the same Chinese audience, with Alipay payment integration.

TypeBroad incumbent
Description

Disney's U.S. sports streaming subscription service, offering live and on-demand premium sports content. Comparable as a parent-company-distributed sports SVOD anchored by exclusive rights.

TypeDirect peer
Description

The dominant Chinese sports streaming platform, operated by Tencent and embedded in WeChat/QQ. It competes directly with iQiyi Sports for premium football, basketball, and combat-sports rights within the same Chinese consumer base.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors4 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

iQiyi Sports

Online Sports Video Streamingsports.iqiyi.com

iQiyi Sports is the sports streaming vertical of iQiyi Inc. (NASDAQ: IQ), offering Chinese viewers live and on-demand coverage of premium international sports including UEFA, La Liga, and the AFC Champions League via web and mobile with VIP and ad-supported tiers.

What iQiyi Sports does

iQiyi Sports (爱奇艺体育) is the sports content vertical of iQiyi Inc. (NASDAQ: IQ), one of China's three dominant long-form video platforms alongside Tencent Video and Youku. Operating from Beijing and integrated within iQiyi's broader entertainment ecosystem, the platform offers free ad-supported and paid VIP live streaming and on-demand video coverage of premium international sporting events including the UEFA Champions League, UEFA Women's Champions League, La Liga, the AFC Champions League Elite, the TGL Golf League, FIBA 3x3 basketball, the UIPM Modern Pentathlon World Cup, IRONMAN triathlon, and the Asian Porsche Carrera Cup. The underlying technology stack centers on HD/4K video streaming with Dolby audio support, delivered via the sports.iqiyi.com website and the iQiyi mobile application, with payment processing through Alipay and WeChat.

The platform monetizes through three streams: (1) recurring VIP subscription revenue for ad-free 1080P access and bundled entertainment content at promotional price points; (2) advertising revenue on the free tier including display, pre-roll, and sponsored content; and (3) commission-based transaction fees from an integrated lottery (福利彩票) offering tied to sports events. Distribution is direct-to-consumer across web and mobile, with cross-promotion through iQiyi's main entertainment platform. Content is sourced through rights agreements with premium sports governing bodies — UEFA, the Asian Football Confederation, and La Liga — positioning iQiyi Sports as a significant licensed distributor of international sports content in mainland China.

iQiyi Sports is not a separately incorporated entity; it operates as a division within iQiyi Inc., which completed its NASDAQ IPO in 2018 and is incorporated in the Cayman Islands as a holding company for its China-based operating subsidiary Beijing iQiyi Technology Co., Ltd. No sports-specific financial disclosure, management roster, or independent funding rounds are reported — sports division metrics are absorbed into consolidated iQiyi Inc. reporting. The 2018 funding rounds listed (totaling approximately $124M across two Series 2 transactions) relate to the broader iQiyi capital structure ahead of and during its NASDAQ listing rather than to the sports division specifically.

iQiyi Sports firmographics

Firmographics
Name
iQiyi Sports
Legal name
iQiyi Inc.
Website
https://sports.iqiyi.com
Company type
Public
Founded year
2010
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
iQiyi Sports is the sports streaming vertical of iQiyi Inc. (NASDAQ: IQ), offering Chinese viewers live and on-demand coverage of premium international sports including UEFA, La Liga, and the AFC Champions League via web and mobile with VIP and ad-supported tiers.
Ownership category
akta.pro rank

iQiyi Sports industry classification

Industry
Product category
Online Sports Video Streaming
NAICS
Spectator Sports (7112)
SIC
Cable & Other Pay Television Services (4841)
akta.pro primary industry
Sports Streaming Platforms (MPACAAAE)
akta.pro secondary industries
Sports Streaming Distribution & App Platforms (CTV, Mobile, Web) (MPAKAOAL), Sports Highlights, Clips & VOD Libraries (MPAKAOAF), International Sports Broadcasters & Rights Networks (MPABAJAE)

Keywords

  • Live sports streaming
  • Video on demand
  • Sports content platform
  • Subscription video service
  • Online sports media

Where iQiyi Sports is headquartered

Location

Headquarters

HQ city
Beijing
HQ country
China
HQ region
Asia

Offices1 record

Markets served

iQiyi Sports business model

Business model
GTM type
B2C
Offering type
Digital Commerce or Content
Cost components
Operations, Technology or R&D, Marketing or Sales, Personnel, Infrastructure

Revenue model

  1. VIP Subscription: Premium membership subscription offering access to exclusive content, 1080P HD quality, early access to new releases, and ad-free viewing experience
  2. Advertising: Advertising revenue from the free tier content, including display ads, pre-roll video ads, and sponsored content integrated into sports coverage
  3. Sports Betting/Lottery Integration: Lottery (福利彩票) integration for sports events, generating commission-based revenue

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyVIP Premium Membership

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

iQiyi Sports product offering

Product offering

Core offering

iQiyi Sports is the dedicated sports streaming vertical of iQiyi, offering HD live broadcasts and on-demand video coverage of premium international sporting events such as UEFA Champions League, European Cup, La Liga, Asian Champions League, TGL Golf League, World Cup qualifiers, basketball, combat sports, and tennis. The service is delivered via a free ad-supported tier and a paid VIP membership that unlocks 1080P quality, ad-free viewing, and exclusive content, integrated within the broader iQiyi entertainment ecosystem and accessible through web and mobile channels in China.

Product overview

iQiyi Sports is a dedicated sports streaming platform operated by iQIYI, offering high-definition live broadcasts and video-on-demand of top-tier sporting events. The platform provides coverage of UEFA Champions League, World Cup, La Liga, Asian Champions League, Europa League, TGL Golf League, 3x3 basketball, modern pentathlon, triathlon, and other international sports competitions. The service operates as an integrated component within the broader iQIYI entertainment ecosystem, featuring live streaming, news coverage, event schedules, and on-demand replays for sports enthusiasts.

Differentiator

Problem solved

Functional benefit

Products and services

  • iQiyi Sports Streaming Platform (爱奇艺体育) Online sports streaming service offering HD live broadcasts and video-on-demand of premium international sports events (UEFA Champions League, European Cup, La Liga, AFC Champions League, TGL Golf League, World Cup qualifiers, basketball, combat sports, tennis) to Chinese sports fans via web and mobile, available on free ad-supported and VIP tiers.
  • iQiyi VIP Membership (Sports) Premium subscription tier granting 1080P HD streaming quality, ad-free viewing, early access to new releases, and exclusive sports content within the iQiyi Sports and broader iQiyi entertainment ecosystem, billed monthly and payable via Alipay or WeChat QR code.

Companies that use iQiyi Sports

Customer profile

Segments3 records

Ideal customer profiles3 records

iQiyi Sports technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

iQiyi Sports partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core.

  • UEFA (Union of European Football Associations)coreStrategic or Co-development Partner · 23 May 2026iQiyi Sports holds broadcast rights for UEFA competitions including the Women's Champions League final 2025/26 and related UEFA content. The platform serves as a major distribution channel for UEFA sports content in China, enabling Chinese viewers to access live matches and related coverage.
  • Asian Football Confederation (AFC)coreStrategic or Co-development PartneriQiyi Sports broadcasts the AFC Champions League Elite (亚冠精英联赛), providing live coverage, match replays, and award ceremonies for Asian club football competitions featuring teams from Japan, Saudi Arabia, and other Asian nations.
  • La LigacoreStrategic or Co-development PartnerCoverage of Spanish football league matches, including Real Madrid player profiles, match highlights, and team news covering players like B席 (Bernardo Silva-style content), 库库雷利亚, and team activities.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

iQiyi Sports competitors and assessment

Company assessment

Direct peers

  • Migu Video: China Mobile's video and live sports platform, offering football and other premium sports content as part of telecom-bundled subscriptions. Directly comparable to iQiyi Sports in China with strong carrier-channel distribution.
  • PP Sports (PPTV): Suning's sports streaming platform historically focused on football rights including Premier League and Serie A. Directly comparable Chinese sports OTT with a rights-driven content strategy similar to iQiyi Sports.
  • Youku Sports: The sports vertical of Youku (Alibaba), one of China's three major long-form video platforms alongside iQiyi. It carries comparable live and on-demand sports content for the same Chinese audience, with Alipay payment integration.
  • Tencent Sports: The dominant Chinese sports streaming platform, operated by Tencent and embedded in WeChat/QQ. It competes directly with iQiyi Sports for premium football, basketball, and combat-sports rights within the same Chinese consumer base.

Broad incumbents

  • DAZN: Global sports OTT subscription platform operating across multiple markets. Comparable as a broad sports streaming incumbent, with similar SVOD economics, though operating in international rather than Chinese markets.
  • ESPN+: Disney's U.S. sports streaming subscription service, offering live and on-demand premium sports content. Comparable as a parent-company-distributed sports SVOD anchored by exclusive rights.

Regional players

  • beIN Sports Connect: MENA-region sports broadcaster with OTT streaming of premium football and other rights. Comparable as a regional sports streaming service with a rights-led, multi-league content mix, though serving a different geography than iQiyi Sports.
  • StarHub TV / StarHub Sports: Singapore-based pay-TV operator with sports channel bundles and OTT. Comparable as a regional pay-TV sports distributor using subscription plus advertising monetization, though in a different geography than iQiyi Sports.

Emerging players

  • Dongqiudi (懂球帝): Leading Chinese football-focused digital media platform with news, video, and live content. Comparable as a Chinese sports audience platform, with overlap in football coverage and audience segment.
  • Hupu (虎扑): Major Chinese sports media community and content platform with growing live streaming and short-form video. Partially comparable as a Chinese sports content destination, though more community/UGC-driven than rights-driven.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

iQiyi Sports financial estimates

Financial estimate

Revenue estimate

Valuation estimate

iQiyi Sports leadership team

Management profile

Number of profiles

iQiyi Sports funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

iQiyi Sports M&A and investment

M&A and investment

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about iQiyi Sports

What does iQiyi Sports do?

iQiyi Sports is the dedicated sports streaming vertical of iQiyi, offering HD live broadcasts and on-demand video coverage of premium international sporting events such as UEFA Champions League, European Cup, La Liga, Asian Champions League, TGL Golf League, World Cup qualifiers, basketball, combat sports, and tennis. The service is delivered via a free ad-supported tier and a paid VIP membership that unlocks 1080P quality, ad-free viewing, and exclusive content, integrated within the broader iQiyi entertainment ecosystem and accessible through web and mobile channels in China.

Is iQiyi Sports a public or private company?

iQiyi Sports is a public company. It is classified as public and is currently operating.

When was iQiyi Sports founded?

iQiyi Sports was founded in 2010. It employs 5,001 to 10,000 people.

Where is iQiyi Sports based?

iQiyi Sports is headquartered in Beijing, China, in the Asia region.

How does iQiyi Sports make money?

Three revenue lines are on record. VIP Subscription is the primary driver. The others are advertising and sports Betting/Lottery Integration.

Who are iQiyi Sports's main competitors?

Direct peers on record are Migu Video, PP Sports (PPTV), Youku Sports and Tencent Sports. Broad incumbents are DAZN and ESPN+. Regional players are beIN Sports Connect and StarHub TV / StarHub Sports. Emerging players are Dongqiudi (懂球帝) and Hupu (虎扑).

Does iQiyi Sports have an API?

No public API is recorded for iQiyi Sports.

What industry is iQiyi Sports in?

iQiyi Sports's product category is Online Sports Video Streaming. Its primary akta.pro industry code is MPACAAAE, Sports Streaming Platforms, with a secondary code of MPAKAOAL, Sports Streaming Distribution & App Platforms (CTV, Mobile, Web). Its NAICS code is 7112 and its SIC code is 4841.

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Live signals
DoNewsQuestMobile 2026年体育经济洞察报告:赛事平台“三强”格局初显,资讯行业深耕高线城市年轻男性用户- DoNewsQuestMobile data shows the Chinese sports industry's monthly active users exceeded 35 million, with a 'three strong' platform pattern emerging. Central Video, Tencent Sports, and iQIYI Sports lead, while male users account for 84.4% of sports information APP users. Sports traffic is penetrating consumption chains, with event-driven growth expected.PR NewswireiQIYI Sports and Premier League Reach Exclusive Broadcasting Rights Cooperation for Four YearsiQIYI Sports announced an exclusive four-year broadcasting rights partnership with the Premier League, covering mainland China and Macao from the 2021/22 through 2024/25 seasons. The company will stream all 380 Premier League games per season and has launched a "Premier League All-season Pass" product priced at 228 RMB for the upcoming season. The deal follows iQIYI Sports' successful broadcast of Euro 2020 and positions the platform as the primary destination for football fans in China.PR NewswireiQIYI Sports Announces Partnership with FC Barcelona to Launch FC Barcelona Official Channel on PlatformiQIYI Sports announced a strategic partnership with FC Barcelona to launch the first FC Barcelona Official Channel in China during the 2020/21 season. The channel, accessible via the iQIYI Sports platform, will provide Chinese fans with exclusive content including behind-the-scenes footage, training sessions, player challenges, and interviews. FC Barcelona becomes the first La Liga club to launch a dedicated channel on the iQIYI Sports platform, which holds rights to La Liga until 2021 and other major sports properties.PR NewswireiQIYI Sports Strengthens Sports Offerings Through Exclusive Broadcasting Rights to LaLiga 2019/20iQIYI Sports, a joint venture between iQIYI and Super Sports Media, has secured exclusive broadcasting rights to stream all 380 matches of the 2019/20 LaLiga season in China. The platform will enhance viewer experience through 50fps streaming, diverse commentator options, and original content featuring entertainment celebrities as ambassadors. iQIYI Sports, established in August 2018, aims to position itself as China's leading sports entertainment provider by integrating sports content with entertainment programming.PR NewswireiQIYI Sports Completes RMB 850 Million Series A FinancingiQIYI Sports, a joint venture between iQIYI Inc. and Super Sports Media, has completed its Series A financing round, securing a total of RMB 850 million from multiple investors. The funding was structured in two tranches: an initial RMB 500 million from IDG Capital and Hui Ying Bo Run, followed by RMB 350 million from China Sports Capital (a joint venture between CMC Capital Partners and Sequoia Capital) and Yao Capital. The platform, which offers premium sports content including the Premier League, major golf and tennis tournaments, plans to use the proceeds to expand its online sports entertainment offerings in China.