Chinese video-on-demand service company iQIYI Inc. (NASDAQ: IQ) has been fudging user numbers since before its initial public offering in 2018 in New York, and has continued to do so, short seller Wolfpack Research said in a report Tuesday.What Happened According to Wolfpack, iQIYI inflated 2019 revenue by about $1.1 billion to $1.8 billion, 27% to 44% over its actual revenue.The Baidu Inc.-owned (NASDAQ: BIDU) company did this by inflating the actual number of users on its platform by 42% to 60%.Wolfpack said it surveyed 1,563 people among iQIYI’s “target demographic” in China and found that about one-third of the company’s users acquired their memberships through partner companies such as Inc. (NASDAQ: JD) or Xiaomi Corp. (OTC: XIACF).About half of these memberships were acquired