{"id":408557,"date":"2021-01-05T08:45:51","date_gmt":"2021-01-05T13:45:51","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=408557"},"modified":"2021-01-05T08:45:51","modified_gmt":"2021-01-05T13:45:51","slug":"iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/","title":{"rendered":"iQIYI&#8217;s VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">iQIYI&#8217;s VR Startup Raises a multi-hundred million RMB in Series B Funding Led by Yitang Changhou Fund and Fresh Capital<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">BEIJING<\/span>, <span class=\"xn-chron\">Jan. 5, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0iQIYI Inc. (NASDAQ: IQ) (&#8220;iQIYI&#8221; or the &#8220;Company&#8221;), an innovative market-leading online entertainment service in <span class=\"xn-location\">China<\/span>, today announced that it has recently completed a multi-hundred\u00a0million RMB Series B funding round for its virtual reality (VR) division iQIYI Intelligent. The round of funding was led by <span id=\"spanHghltb54a\">Yitang Changhou<\/span> Fund and Fresh Capital, setting the record for the largest single round of funding in <span class=\"xn-location\">China&#8217;s<\/span> VR industry in 2020.<\/p>\n<p>The capital raised will be used to fund the research and development of key VR technologies, algorithms and products as well as continued investment in the Company&#8217;s VR content ecosystem.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder4987\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1394865\/1.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1394865\/1.jpg\" title=\"iQIYI\u2019s VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem\" alt=\"iQIYI\u2019s VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>In addition, global shipments of AR\/VR headsets are expected to hit 7.1 million in 2020, according to IDC&#8217;s Worldwide Quarterly Augmented and Virtual Reality Headset Tracker released in March. IDC expects the\u00a0shipments to rise to 76.7 million units in 2024, resulting in a compound annual growth rate (CAGR) of 81.5%.\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder3269\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1394864\/2.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1394864\/2.jpg\" title=\"iQIYI\u2019s VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem\" alt=\"iQIYI\u2019s VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Goldman Sachs predicts that by 2025, the VR\/AR market revenue will exceed <span class=\"xn-money\">USD 80 billion<\/span> (comprised of <span class=\"xn-money\">USD 45 billion<\/span> of hardware revenue and <span class=\"xn-money\">USD 35 billion<\/span> of software revenue). From a global perspective, VR\/AR represents a major opportunity to win the battle for the next-generation mobile computing platform.<\/p>\n<p>iQIYI Intelligent, an independently operated VR startup iQIYI incubated in-house, began developing VR products in 2016 with a focus on &#8220;hardware + technology + content&#8221;. Since then, iQIYI Intelligent has launched Qiyu, the world&#8217;s first and only all-in-one VR headset featuring a <span class=\"xn-money\">4K<\/span> ultra-high-definition screen, and Qiyu 2, the world&#8217;s first <span class=\"xn-money\">4K<\/span> VR all-in-one headset supporting <span class=\"xn-money\">8K<\/span> panoramic video playback, as well as the iQUT future cinema based on VR platform, which set a film viewing benchmark in the VR industry.<\/p>\n<p>In <span class=\"xn-chron\">March 2020<\/span>, iQIYI Intelligent launched the Qiyu 2Pro 6DoF VR somatosensory game console, which features the immersive 6 degrees of freedom (6DoF) head-hand interaction technology and provides users with a 3D gaming experience. This device is top-ranking in <span class=\"xn-location\">China<\/span> in terms of interactivity and user-friendliness and is on par with other leading VR headsets produced by global tech companies.<\/p>\n<p>During <span class=\"xn-location\">China&#8217;s<\/span> Double 11 Shopping Festival in 2020, iQIYI Intelligent launched a &#8220;VR Discount Storm&#8221; which removed the barriers to entry for potential users by providing cash subsidies, an initiative that was met with an enthusiastic response. The official sales data showed that from <span class=\"xn-chron\">November 1 to November 11<\/span>, Qiyu VR was the top brand both in terms of total sales volume and number of sales for VR all-in-one headset on JD.com, with an increase of 71% year-on-year. Furthermore, iQIYI&#8217;s Qiyi VR occupied three of the top five spots for best-selling VR all-in-one headsets and other similar products.\u00a0<\/p>\n<p>&#8220;After this round of funding, we will remain committed to our strategic goal of being a pioneer and leader of <span class=\"xn-location\">China&#8217;s<\/span> new VR entertainment ecosystem,&#8221; said <span class=\"xn-person\">Xiong Wen<\/span>, CEO of iQIYI Intelligent. &#8220;We will increase our investment in independent technological innovation to create an excellent\u00a0VR product\u00a0and our technology will usher in the next generation of computing platforms.&#8221;<\/p>\n<p>At the Qiyu VR Technology Launch Conference scheduled to be held in a few days, iQIYI Intelligent plans to officially announce the launch of <span class=\"xn-location\">China&#8217;s<\/span> first CV 6DoF VR interaction scheme and its next-generation headset Qiyu 3. During the event, the company will also be launching a global VR developer recruitment program.<\/p>\n<p>&#8220;The speed of <span class=\"xn-location\">China&#8217;s<\/span> 5G rollout is unrivaled worldwide and as a key area of focus in the 5G era, the VR industry is expected to witness accelerated growth. As an investor in the innovative display hardware technology space, Changhou Fund has rich industry experience and resources across the industry chain and we are extremely excited about the tremendous opportunities in the VR sector,&#8221; said <span class=\"xn-person\">Wan Rong<\/span>, Chairman &amp; President of <span id=\"spanHghltf96f\">Yitang Changhou<\/span> Fund. &#8220;As the leading VR player in <span class=\"xn-location\">China<\/span> and backed by iQIYI&#8217;s huge content library, and with a core team that boasts extensive expertise both in Internet and hardware industries, iQIYI Intelligent has laid a solid foundation in key VR technology, product development and content resources. We hope that the Changhou Fund and iQIYI Intelligent partnership will unleash industry synergy to jointly build a new display industry ecosystem.&#8221;<\/p>\n<p>&#8220;Fresh Capital firmly believes that technology and innovation are the forces that are driving the evolution of the consumer industry and allowing people to live better lifestyles,&#8221; said <span class=\"xn-person\">Steven Hu<\/span>, Partner at Fresh Capital. &#8220;We focus on investing in the consumer technology sector as we value innovation and creativity. Among all the new-generation entertainment devices, we believe VR\/AR undoubtedly offers the most compelling opportunities. As iQIYI Intelligent perfectly fits our philosophy and investment logic, we hope that our partnership will create quality products, content, and services, ushering in a new VR ecosystem and delivering values and surprises to the industry and users alike.&#8221;<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN37631&amp;sd=2021-01-05\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem-301201077.html\">http:\/\/www.prnewswire.com\/news-releases\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem-301201077.html<\/a><\/p>\n<p>SOURCE  iQIYI<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CN37631&amp;Transmission_Id=202101050842PR_NEWS_USPR_____CN37631&amp;DateId=20210105\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>iQIYI&#8217;s VR Startup Raises a multi-hundred million RMB in Series B Funding Led by Yitang Changhou Fund and Fresh Capital PR Newswire BEIJING, Jan. 5, 2021 \/PRNewswire\/ &#8212;\u00a0iQIYI Inc. (NASDAQ: IQ) (&#8220;iQIYI&#8221; or the &#8220;Company&#8221;), an innovative market-leading online entertainment service in China, today announced that it has recently completed a multi-hundred\u00a0million RMB Series B funding round for its virtual reality (VR) division iQIYI Intelligent. The round of funding was led by Yitang Changhou Fund and Fresh Capital, setting the record for the largest single round of funding in China&#8217;s VR industry in 2020. The capital raised will be used to fund the research and development of key VR technologies, algorithms and products as well as continued investment in the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;iQIYI&#8217;s VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-408557","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>iQIYI&#039;s VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"iQIYI&#039;s VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"iQIYI&#8217;s VR Startup Raises a multi-hundred million RMB in Series B Funding Led by Yitang Changhou Fund and Fresh Capital PR Newswire BEIJING, Jan. 5, 2021 \/PRNewswire\/ &#8212;\u00a0iQIYI Inc. (NASDAQ: IQ) (&#8220;iQIYI&#8221; or the &#8220;Company&#8221;), an innovative market-leading online entertainment service in China, today announced that it has recently completed a multi-hundred\u00a0million RMB Series B funding round for its virtual reality (VR) division iQIYI Intelligent. The round of funding was led by Yitang Changhou Fund and Fresh Capital, setting the record for the largest single round of funding in China&#8217;s VR industry in 2020. The capital raised will be used to fund the research and development of key VR technologies, algorithms and products as well as continued investment in the &hellip; Continue reading &quot;iQIYI&#8217;s VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-05T13:45:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1394865\/1.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"iQIYI&#8217;s VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem\",\"datePublished\":\"2021-01-05T13:45:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\\\/\"},\"wordCount\":831,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1394865\\\/1.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\\\/\",\"name\":\"iQIYI's VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1394865\\\/1.jpg\",\"datePublished\":\"2021-01-05T13:45:51+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\\\/#primaryimage\",\"url\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1394865\\\/1.jpg\",\"contentUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1394865\\\/1.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"iQIYI&#8217;s VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"iQIYI's VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/","og_locale":"en_US","og_type":"article","og_title":"iQIYI's VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem - Market Newsdesk","og_description":"iQIYI&#8217;s VR Startup Raises a multi-hundred million RMB in Series B Funding Led by Yitang Changhou Fund and Fresh Capital PR Newswire BEIJING, Jan. 5, 2021 \/PRNewswire\/ &#8212;\u00a0iQIYI Inc. (NASDAQ: IQ) (&#8220;iQIYI&#8221; or the &#8220;Company&#8221;), an innovative market-leading online entertainment service in China, today announced that it has recently completed a multi-hundred\u00a0million RMB Series B funding round for its virtual reality (VR) division iQIYI Intelligent. The round of funding was led by Yitang Changhou Fund and Fresh Capital, setting the record for the largest single round of funding in China&#8217;s VR industry in 2020. The capital raised will be used to fund the research and development of key VR technologies, algorithms and products as well as continued investment in the &hellip; Continue reading \"iQIYI&#8217;s VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-05T13:45:51+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1394865\/1.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"iQIYI&#8217;s VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem","datePublished":"2021-01-05T13:45:51+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/"},"wordCount":831,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1394865\/1.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/","name":"iQIYI's VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1394865\/1.jpg","datePublished":"2021-01-05T13:45:51+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/#primaryimage","url":"https:\/\/mma.prnewswire.com\/media\/1394865\/1.jpg","contentUrl":"https:\/\/mma.prnewswire.com\/media\/1394865\/1.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/iqiyis-vr-startup-completes-series-b-funding-round-to-drive-innovation-and-expand-content-ecosystem\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"iQIYI&#8217;s VR Startup Completes Series B Funding Round to Drive Innovation and Expand Content Ecosystem"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/408557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=408557"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/408557\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=408557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=408557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=408557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}