In 2018, 7 out of the top 10 companies with the highest global market value are new economic companies, including Apple, Google, Facebook, Tencent and Ali, which isn’t possible a decade ago. In China, the “New Economy King” of various industries are selected and announced by 36Kr – the authoritative platform with high value information and services provided by VC.CN (formerly known as CTQuan).
During 27th-28th November, 36Kr hosted the WISE 2018 new business conference in Beijing. Each industry’s “New Economy King” rank was published in the conference, in which Uplive was crowned “Overseas King” in the 2018 New Economy King annual rank, becoming the leading representative for entertainment new economies that are expanding overseas and the only social platform to receive such award.
The WISE 2018 new business conference focuses on the new economic model reform and business innovation under the combination of new capital, new technologies and new information, in order to lead this new business era with the most influential corporate and industry leaders. Honorable guest such as Charles Li Xiaojia (Chief Executive Officer of Hong Kong Exchange Group), Qi Lu (Founder and CEO of Y Combinator China) and Thomas Sargent (Winner of the 2011 Nobel Prize in Economics) have attended the conference to witness this new economic future together! This year’s “New Economy King” aims to nominate third-party organizations with the most contribution and influence to the new economy, the award nominations are based on platform’s big data, as to construct a comprehensive and objective indicator system. Uplive was awarded with its user growth index, valuation growth index and investor recommendation, indicating a higher professionalism and authority in China.
Uplive has advanced successfully in 2018, as it has become the largest independent video social platform overseas. With approximately 3 billion smart phone users globally, there’s a significant dividend for overseas users. With the rapid expansion of global smart device coverage and increasingly universal 4G usage, accompanied by the strengthening of mobile Internet foundation, it greatly reduced the operation cost and steadily increased content distribution, allowing the overseas live streaming market to grow at high speed. Uplive strengthens localized operation with local hosts selected by local teams, customizes content targeting local users’ characteristics and ensures smooth live streams with fast iterative technology while presenting high quality content, showing a distinctive operation system from the overseas applications. On the other hand, Uplive utilized a high standard control mechanism which can identify and block problematic content within 5 seconds, efficiently securing content quality at all times.
Uplive belongs to Asia Innovation Group (AIG), it operates with AIG’s largest celebrity fan community in China – Superfans, stranger social app introduced in 2014 – Pengpeng, blockchain and payment services such as GIFTO and CCnet, as well as games, advertising and recharge services under an integrated business model, constituting a solid business growth loop. With Uplive as an entry, AIG aims to create a global pan-entertainment social platform in the future.
Uplive is the largest pan-entertainment video social platform overseas, which is headquartered in Beijing – Asia Innovation Group (AIG). Uplive was first launched in July 2016 and later established branches in major regions such as Taiwan, Hong Kong, Japan, Malaysia, Indonesia, Vietnam, South Korea, Cairo, Morocco, and North America. With its strong and experienced R&D and launch team, Uplive achieved top 1 in iOS and Android download and revenue records in Taiwan, Vietnam and the Middle East since its first launch. There are approximately 100 million global active users, 100,000 global contracted hosts and over 1 million hosts in total.
About Asia Innovation Group (AIG)
Founded in 2013, Asia Innovation Group was founded by Andy Tian, former general manager of Zynga China, and Ouyang Yun, former deputy general manager of Tencent's strategy department. AIG has successively obtained investment from global leading investment institutions such as Kleiner Perkins Caufield & Byers (KPCB), Magic Stone Alternative Investment (MSA), Ventech China (VC), Index Ventures and White Star Capital, and famous angel investors from Qunar.com, Facebook, Google and Zynga.
With the concept of innovative connectivity, AIG is committed to constructing a new generation of mobile internet group companies based on social and online entertainment for global users. AIG has established branches in 16 regions including Malaysia, Taiwan, Vietnam, the United States, Japan, South Korea, West Asia and North Africa.
Currently, AIG owns various star products such as Uplive, Superfans, PengPeng, FunPepper and Phalanx Hero. Through acquisition of quality assets such as Taiwan live streaming platform MimiCam, CCNet payment business and Southeast Asia’s largest video production company BIGCAT, AIG constructed a global pan-entertainment mobile platform, further expanding towards the international market.