WALMART STORES INC
Change company Symbol lookup
Select an option...
WMT WALMART STORES INC
DX Dynex Capital Inc
BMO Bank of Montreal
FPRX Five Prime Therapeutics Inc
VTR Ventas Inc
PENN Penn National Gaming Inc
SUN Sunoco LP
SWKS Skyworks Solutions Inc
VOO Vanguard S&P 500 ETF
DAL Delta Air Lines Inc
Go

Consumer Staples : Food & Staples Retailing | Large Cap Value
Company profile

Walmart Inc., formerly Wal-Mart Stores, Inc., is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company operates through three segments: Walmart U.S., Walmart International and Sam's Club. The Walmart U.S. segment includes the Company's mass merchant concept in the United States operating under the Walmart brands, as well as digital retail. The Walmart International segment consists of the Company's operations outside of the United States, including various retail Websites. The Sam's Club segment includes the warehouse membership clubs in the United States, as well as samsclub.com. The Company operates approximately 11,600 stores under 59 banners in 28 countries and e-commerce Websites in 11 countries.

Closing Price
$143.90
Day's Change
0.95 (0.66%)
Bid
--
Ask
--
B/A Size
--
Day's High
145.53
Day's Low
143.62
Volume
(Below Average)
Volume:
4,843,212

10-day average volume:
5,736,703
4,843,212

Blockbuster "Double World" Becomes Instant Hit on iQIYI, Demonstrating Promising Potential of PVOD Mode

8:38 am ET July 27, 2020 (PR Newswire) Print

iQIYI, Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, today announced that action-adventure fantasy film Double World has become an instant hit with viewers in China after it was released through its Ultimate Online Cinema section via the Premium Video on Demand (PVOD) mode, generating tremendous social media buzz and topping several major movie charts in China.

https://mma.prnewswire.com/media/1219743/Blockbuster__Double_World__Becomes_Instant_Hit_iQIYI_Demonstrating_Promising_Potential.jpg

The visually stunning blockbuster fantasy film, which was adapted from the online game franchise, Zhengtu, quickly saw its content popularity index shoot above 7,000 within 24 hours of its release and scored an average viewer rating of 8.8. The movie has topped iQIYI's hot movie list and fast-rising movie list.

Double World has enchanted audiences since its debut on July 24. The film garnered more than 400 million views on short video platforms for its first day of launch. Hashtags related to the film ranked 6th most popular on Weibo's trending topics list, receiving more than 700 million cumulative page views for posts made under related hashtags. The movie received the top spot on the real-time hot movie list on Douban, a leading film and TV review platform in China.

The film also ranked third in Weibo's daily film chart, obtained the top spot on Weibo's weekly film ranking chart and maintained first place in the Enlightment's movie hotlist.

On Double World's launch day, the film's per capita viewing time on TV exceeded that of mobile devices, according to iQIYI data. In addition, TV viewers accounted for nearly 40% of total viewers during evening peak hours, indicating viewers' preference for enjoying movies featuring special effects on larger screens.

IQIYI's proprietary encoding, decoding and adaptive streaming technologies have been integral to the success of Double World, supporting advanced settings such as 4K, Dolby Vision, Dolby Atmos, iQIYI HDR and ultra-high frame rate. In addition, iQIYI has equipped itself with home theater-grade audio and picture configurations so that viewers of Double World can reproduce a cinema-quality immersive audio-visual experience at home.

According to the 2020 China Smart Large Screen Development Report and Forecast, the household penetration rate of smart TVs reached 59% in 2019, covering over 600 million users in 200 million households last year. The convergence of the rise in popularity of smart TVs and the upgrading of online streaming technology, have accelerated the trend towards watching movies at home.

Double World is the first blockbuster film launched on iQIYI's Ultimate Online Cinema section. In the future, iQIYI plans to release more high-quality movies on its Ultimate Online Cinema via the PVOD mode, including domestic and international movies across a wide range of different genres.

https://c212.net/c/img/favicon.png?sn=CN74156&sd=2020-07-27

View original content to download multimedia:http://www.prnewswire.com/news-releases/blockbuster-double-world-becomes-instant-hit-on-iqiyi-demonstrating-promising-potential-of-pvod-mode-301100169.html

SOURCE iQIYI, Inc.

https://rt.prnewswire.com/rt.gif?NewsItemId=CN74156&Transmission_Id=202007270838PR_NEWS_USPR_____CN74156&DateId=20200727

comtex tracking

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.