Market share of VOD services during Chinese New Year in China 2020
iQiyi, backed by the tech giant Baidu in China, is one of the largest online video platforms in the world. During the week of Chinese New Year in 2020, iQiyi's Kiwi TV accounted for 32 percent of the market, followed by Tencent Jiguang TV with a 22 percent share. The major video on demand (VOD) services in China had around 200 minutes of daily viewership length during Spring Festival in 2020.