iQIYI Effect Advertising: Architecture, Click & Conversion Rate Estimation, and Intelligent Bidding
This article presents iQIYI's effect advertising system, detailing its dual‑engine resource slots, oCPX billing model, algorithmic challenges of high‑dimensional sparse conversion data, the personalized recommendation pipeline, feature engineering across real‑time, short‑term and long‑term signals, and the intelligent bidding mechanism that balances cost control with traffic quality.
