iQIYI is currently one of the largest online video sites in the world, with nearly 6 billion hours spent on its service each month, and over 500 million monthly active users.[3][4][5][6] On March 29, 2018, the company issued its IPO (initial public offering) in the U.S. and raised $2.25 billion.[7] iQiyi is used by the Chinese Taiwan Affairs Office to further United Front (China) efforts.[8]