Contrarian Corpus
Wolfpack Research vs. iQIYI, Inc.

iQIYI, Inc. · IQ

1 deck published between 2020-04-07 and 2020-04-07 — 37 pages, 37 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2020-04-07 initial thesis

    b084d8_16d846346ead405ea38df598c5c1884c

    37pp · research_note

    Wolfpack alleges iQIYI has been committing accounting fraud since before its 2018 IPO — inflating revenue 27-44% and DAUs 42-60% via dual memberships, sham acquisitions, and barter deals.