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PR Newswire

Which category takes best performance on TikTok? Key Findings From Shoplus 2022 TikTok Trends Report

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HONG KONG, Feb. 21, 2023 /PRNewswire/ — Report: “Her Economy” is on the rise, Beauty and Personal Care, Womenswear and Lingerie accounted for 44% in TikTok e-commerce

As the most welcomed TikTok analytics tool, Shoplus released its TikTok E-commerce Product Trends Report of the 2022 Year-End Mega Sales Season in February 2023. Shoplus utilizes platform advantages and comprehensive analysis to analyze TikTok e-commerce product trends from September to November 2022, and conduct the product insights of TikTok e-commerce of major sales countries including the United Kingdom, Indonesia, Thailand, Vietnam, Malaysia, and the Philippines.

This TikTok trends report identifies the future market conditions and helps in understanding growth opportunities for TikTok business. It also assists you to predict which product category will have high potential in the upcoming year, based on the 2022 Year-End Mega Sales Season on TikTok. Enabling businesses to make data-driven decisions for future growth.

Key insights from the report include:

The Continuing Rise of TikTok Ecommerce is the benefit of Favorable Policies.

  • During September – November 2022, Indonesia’s sales showed steady growth, but its market share dropped from 43% in September 2022 to 35% in November 2022. However, it still holds the dominant position.
  • From September – November 2022, Thailand’s market share increased significantly, with sales growth ahead of the market. Its market share increased from 14% in September 2022 to 19% in November 2022.

Rise of the SHEconomy: Beauty and Personal Care, Womenswear and Lingerie accounted for 44%.

  • Beauty and Personal Care, Womenswear and Lingerie are the two categories occupying the top two positions.
  • Except from the need for self-pleasure, their needs for home comfort should not be underestimated, such as Home Supplies, Baby & Maternity and Kitchenware.

Indonesia Market: the consumption price range is within USD 8. High-priced positioning need to be nurtured for a long time.

  • The best-selling prices of most categories in Indonesia are within USD 8.
  • Indonesian consumers are still in the early stage of consumption habits on the TikTok e-commerce platform.

Thailand Market: Consumer are willing to pay for a higher price in terms of hobbies and beauty consumption.

  • Interest-related categories are distributed relatively evenly in each price range. Products with a unit price of more than USD 20 account for about 10%-30% of the market share.

Among the Christmas-related product categories, Beauty and Personal Care ranked NO. 1.

  • Beauty and Personal Care dominate the market, taking 51.4% of the market share on TikTok Christmas-related product category sales distribution, from November 1st to December 11th, 2022.

See the full report for more details and methodology. 

Shoplus, the all-in-one TikTok data analytics tool provides ranking lists for sounds, videos, hashtags, influencers, LIVE streams, products, and shops. LIVE streams and shops are newly launched features. Real-time monitoring, comprehensive analysis, and rich database are the three core characteristics of Shoplus. This make Shoplus stand out from other TikTok analytics tools. It was launched to meet the emerging need for TikTokers and brands. 

At its core, it provides the necessary TikTok analytics to help influencers and brands stay on the right track and make conscious decisions based on reliable data. If a TikTok content creator is looking for more content inspiration. It saves them the manual effort of browsing related TikTok hashtags, popular sounds, trending videos, etc. If a brand wants to grow its business or a seller is seeking the opportunity to start their own business on TikTok. It gives you product selection based on the sales volume of TikTok e-commerce and a detailed influencer profile search.

Key Features:

  • Discover product potential. It analyses the TikTok product trends of different categories based on hourly-updated data on TikTok. So you can maximize product profit potential and craft your product strategy more efficiently.
  • To optimize your video strategy. To unlock advanced content metrics for videos, sounds, and hashtags that make it easy to grow your audiences.
  • Gain competitor insights. View comprehensive data on influencer performance and engagement, and keep track of what strategies your competitors are currently using.

Shoplus is formerly known as Tikmeta. The TikTok data analytics viewer is designed to help users analyze the characteristics of TikTok creators and offer multi-dimensional data analysis for TikTok business. It constantly explores the relationship between videos and talents to discover potential products through audience needs. With comprehensive data analysis and visual presentation, you can be informed of trends and discover product potential more easily. Discover more at Shoplus.net.

Contact Us
For more information, specific data requests or business cooperation, please contact us marketing@shoplus.net

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PR Newswire

Music Licensing, Inc. (OTC:SONG) to Enhance AI-Based Music with ChatGPT Technology

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NAPLES, Fla., Feb. 4, 2023 /PRNewswire/ — Music Licensing, Inc. (OTC: SONG) is excited to announce its plans to explore using ChatGPT to enhance the already established artificial intelligence program that creates music for its wholly-owned subsidiary, Pro Music Rights, Inc.

Pro Music Rights, founded in 2018 by Jake P. Noch, has been working on AI-based music since as early as 2017 and currently has a catalog of AI production-based music with human input that has been registered with the US Copyright Office. With the use of ChatGPT, the company hopes to improve the quality of its works and increase the speed of Pro Music Rights’ expansion into other product lines such as Master Rights, mechanical rights, synchronization rights, and other subscription-based licensing audio services, and add to Pro Music Rights public performance rights repertoire.

Jake P. Noch, a pioneer in the use of AI in music, sees this as a pivotal moment for the industry. “I have always been an early adopter of AI in music, and with the rise of ChatGPT, I believe we have a unique opportunity to take AI-based music to the next level,” he stated.

Music Licensing, Inc. and Pro Music Rights, Inc. are committed to delivering high-quality AI-based music to its shareholders and customers. With the use of ChatGPT, the company is confident that it can take its AI-based music to new heights and continue its growth trajectory in the industry as well as it’s pre-existing expansion plans and business models

About Pro Music Rights, Inc. (ProMusicRights.com)

Pro Music Rights the 5th public performance rights organization (PRO) ever formed in the United States. Its licensees include notable companies like TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and hundreds of others. Pro Music Rights controls an estimated market share of 7.4% in the United States, representing over 2,500,000 works that feature notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBaggYo, Larry June, Trae Pound, Sause Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Fall Out Boy, and countless others. For more information, please visit promusicrights.com.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person.

Source: Music Licensing, Inc.

PR Newswire

BaiJiaYun Limited Announces Completion of Merger and New Board and Management

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BEIJING, Dec. 24, 2022 /PRNewswire/ — BaiJiaYun Limited (“BaiJiaYun”) today announced the successful completion of the transaction (the “Transaction”) previously announced on July 19, 2022 between BaiJiaYun and Fuwei Films (Holdings) Co., Ltd. (“Fuwei Films” or the “Company”). As announced on September 26, 2022, the Transaction and certain additional Transaction-related proposals were approved by Fuwei Films’ shareholders at an extraordinary general meeting held on September 24, 2022 (the “EGM”). Among such proposals, the Company’s name will be changed from “Fuwei Films (Holdings) Co., Ltd.” to “ Baijiayun Group Ltd“. The Company continues to be listed on Nasdaq and its ticker is expected to be changed from “FFHL” to “RTC”.

Completion of Transaction

Pursuant to the Agreement and Plan of Merger, dated July 18, 2022, by and between Fuwei Films and BaiJiaYun (the “Merger Agreement”), at the closing of the Transaction (the “Closing”), the then shareholders of BaiJiaYun exchanged all of the issued and outstanding share capital of BaiJiaYun for newly issued shares of the Company on the terms and conditions set forth in the Merger Agreement. As a result of the Transaction, BaiJiaYun has become a wholly-owned subsidiary of the Company. Immediately prior to the Closing, the third amended and restated memorandum of association and the second amended and restated articles of association of the Company, as approved at the EGM, became effective. Immediately after the Closing, the securities issued and outstanding of the Company will be: (i) 29,201,849 class A ordinary shares, (ii) 54,583,957 class B ordinary shares, and (iii) warrants to subscribe for 17,964,879 class A ordinary shares.

In connection with the Transaction, Linklaters served as legal counsel to BaiJiaYun.

Name and Ticker

As approved at the EGM, the Company’s name will be changed from “Fuwei Films (Holdings) Co., Ltd.” to “Baijiayun Group Ltd ” effective from the date of entry of the new name in place of the existing name of the Company on the register of companies maintained by the Registrar of Companies in the Cayman Islands. The ticker of the Company is expected to be changed from “FFHL” to “RTC”.

New Board and Management

The Company’s board of directors (the “Board”) and management currently consist of the following members, effective upon the Closing in accordance with the Merger Agreement:

  • Mr. Gangjiang Li, the founder of BaiJiaYun, has been appointed the chairman of the Board, the Company’s chief executive officer, and the chairperson of the compensation committee of the Board.
  • Mr. Yi Ma, previously a director of BaiJiaYun, has been appointed a director and the president of the Company and the chairperson of the nominating and corporate governance committee of the Board.
  • Mr. Chun Liu has been appointed an independent director of the Company, a member of the audit committee of the Company and a member of the compensation committee of the Board.
  • Mr. Erlu Lin has been appointed an independent director of the Company, the chairperson of the audit committee of the Board and a member of the nominating and corporate governance committee of the Board.
  • Mr. Lei Yan, previously the chief executive officer and chairman of the Board of Fuwei Films, has been appointed a director of the Company.
  • Mr. Yong Fang has been appointed the chief financial officer of the Company.

Ms. Jingjing Cheng, previously the chief financial officer and a director of Fuwei Films, Mr. Tee Chuang Khoo, Mr. Junying Liu, and Mr. Lihang Geng, each previously an independent director of Fuwei Films, have all resigned from their respective roles.

About Baijiayun Group Ltd 

Baijiayun Group Ltd and its subsidiaries (“Baijiayun Group”) is a video-centric technology solution provider with core expertise in SaaS/PaaS solutions. Baijiayun Group is committed to delivering reliable, high-quality video experiences across devices and localities and have grown rapidly since the inception in 2017. Premised on its industry-leading video-centric technologies, Baijiayun Group offers a wealth of video-centric technology solutions including Video SaaS/PaaS, Video Cloud and Software, Video AI and System Solutions. Baijiayun Group is catered to the evolving communications and collaboration needs of enterprises of all sizes and industry, which makes Baijiayun Group a one-stop video technology solution provider.

Safe Harbor Statement

This press release contains certain “forward-looking statements.” These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the parties’ perspectives and expectations, are forward-looking statements. The words “will,” “expect,” “believe,” “estimate,” “intend,” “plan” and similar expressions indicate forward-looking statements.

Such forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management’s current expectations and include known and unknown risks, uncertainties and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. The forward-looking information provided herein represents the Company’s estimates as of the date of this press release, and subsequent events and developments may cause the Company’s estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company’s estimates of its future financial performance as of any date subsequent to the date of this press release.

A further list and description of risks and uncertainties can be found in the proxy statement filed as exhibit 99.2 to the Form 6-K on August 22, 2022, and other documents that the parties have filed or furnished, or may file or furnish with the SEC, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Company, BaiJiaYun and their subsidiaries and affiliates undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

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PR Newswire

Bigo Live Brings Football Fans Together with a Dutch Legend Wesley Sneijder Live Stream

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AMSTERDAM, Dec. 24, 2022 /PRNewswire/ — To celebrate the world’s biggest football event of the year, Bigo Live Netherlands held a special live-stream session with Dutch football superstar Wesley Sneijder. Having previously taken Netherlands to the finals in 2010, the football hero exclusively shared his take on the current season, as well as personal football related stories for fans around the world. 

During the stream, Wesley was asked some of his own personal international football stories during his almost triumphant run in 2010. The stream also accommodated for Q&A sessions with the fans, with one lucky fan having the chance to speak with Wesley one-on-one and winning his signed jersey.

Wesley also reflected on his bittersweet memories of the tournament. In the 2010 season, the final was contested between the Netherlands and Spain. Speaking on that final from his perspective, he gave audiences an insight not generally known, saying “We were so close to winning the cup. Unfortunately, three minutes before the finish, Iniesta scored the game-winning goal. Nobody knows, however, that I severely strained my hamstring at the time.”

When asked about the support the Dutch national team received at that time, Wesley said, “That is the most important thing. When I played in 2010, I saw 70% of the stadium was orange, which made me feel proud.” Although he returned home disappointed having missed out on football’s biggest prize, he was astounded by the hundreds of thousands of fans who greeted him on the streets of Netherlands with ‘welcome-back’ banners and great positivity. “We had a terribly unfortunate final, but they were all there for us,” Wesley Sneijder said.

During the segment of the live stream where he was discussing fantasy football strategies and possible dark horses of the tournament, Wesley was proven quite accurate with his analyses.

“The global football event of the year is never short of dark horses, if I had to pick one right now, Morocco can go further,” Wesley mentioned. This statement has been proven true with the fantastic Moroccan team defying the odds to become the first ever nation from Africa to compete in the semi-finals.

Wesley also gave some further insights into his personal goals, revealing his plans to become a coach as he really enjoys the role, mentioning that the team that he would like to coach one day is Galatasaray.

As this season wraps up, a Bigo Live spokesperson added, “Knowing our users’ interests plays a big role in how Bigo Live engages with our audience. Through the passion of football, we are confident that users of Bigo Live will continue to showcase their talents, share their enthusiasms and inspire each other through real-time interactions while streaming.”

Fans that may have missed the special in November can now download the live streaming app, available in-app for Bigo Live users worldwide.

About Bigo Live

Bigo Live is one of the world’s fastest-growing live streaming social communities where users broadcast in real-time to share life moments, showcase their talents, and interact with people from around the world. Bigo Live has around 400 million users in over 150 countries and is currently the market leader in the live streaming industry. Launched in March 2016, Bigo Live is owned by Bigo Technology, which is based in Singapore.

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China Matters releases a short video “11 Reasons Why I’ve Fallen in Love with Beijing” to tell an American vlogger’s view

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BEIJING, Nov. 23, 2022 /PRNewswire/ — From rich culture and history to convenient and enriched lifestyle, Beijing is an attractive place in the view of BeeRose who is from the U.S. and has been living in China for three years. In this video, she shares 11 reasons that make her love staying in Beijing.

Beijing is one of the four great ancient capitals of China with a history of over 3000 years. The Beijing government has also been making great efforts to preserve historical landmarks and cultural heritage which provide visitors with a flavour of its unique culture.

In this video, BeeRose is also impressed by Beijing’s rapid technological advances and convenient modern lifestyle. From tiny street vendors to big brands, a huge number of businesses in Beijing accept mobile payments.

“You have a little bar code that comes up. You scan it. Or you scan someone else’s bar code and you pay for it. Done! So easy! So simple! So cool!” said BeeRose.

Beijing is also a global city with food and goods from across the world, which makes BeeRose feel at home. Moreover, she also met her love of life in Beijing and formed a family.

“I was looking for my one in a million in the United States but actually, I found my one in a billion in China,” said BeeRose.

Contact: Jane Cheng
Tel：+8610-68996566
E-mail：1163514639@qq.com

Video – https://youtu.be/ElkYDSjhqFo

PR Newswire

New in Peach: Send ads to Netflix

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Peach participates in launch of Netflix’s Basic with Ads

LONDON, Nov. 5, 2022 /PRNewswire/ — Peach, the global market leader in video advertising workflow and delivery has announced support of Netflix’s new ad-supported service Basic with Ads.

To coincide with the launch of the service, Peach has launched new destinations enabling clients to deliver ads to Netflix across multiple territories including UK, Australia, Germany, France, Italy, Spain, Mexico, Brazil with more to follow. Peach provides a connected advertising workflow, enabling clients to get their ads delivered to Netflix straight from the edit suite, while ensuring the highest possible quality, formatting and accuracy.

Doug Conely, Chief Product and Technology Officer at Peach, said: “This is a pivotal moment for TV advertising. As leaders in global creative ad delivery for over 25 years, we’ve seen ad spend in Connected TV grow rapidly in the UK* and the rest of the world, and we expect to see further acceleration of growth driven by ad-supported tiers such as Netflix.

“Netflix’s Basic with Ads will bring our clients new audiences in a premium environment, creating opportunities for more addressable and premium content. We are extremely proud to play a role in this, and want to thank the Microsoft Advertising and Xandr teams for their continued collaboration and commitment to making this launch a success.”

Peach will continue to work with Microsoft Advertising and Xandr to further enhance workflows for clients, connecting ad content directly from the global community of producers and agencies into premium streaming channels, resulting in a seamless and high quality ad experience.

About Peach 

Global video ad management platform Peach, manages the world’s advertising content and makes it easy for brands, agencies and media owners to collaborate with each other on a global scale. Since 1996, Peach has been shaking up the way advertising is distributed and powering the world’s most ambitious creative. Broadcasters around the world rely on Peach every day. Operating across over 100 countries worldwide, the Peach technology has revolutionised ad industry workflows, replacing laborious manual tasks with automated processes, and offering efficiency, visibility and security. Its technology simplifies complicated ad delivery processes and ensures all ads arrive at their destinations in perfect condition.

https://www.peach.me/blog/netflix-xandr-press-release/

*© Spark Ninety 2022

PR Newswire

Yalla Group Limited to Report Third Quarter 2022 Financial Results on November 14, 2022 Eastern Time

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DUBAI, UAE, Nov. 4, 2022 /PRNewswire/ — Yalla Group Limited (“Yalla” or the “Company”) (NYSE: YALA), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), today announced that it will report its unaudited financial results for the third quarter 2022 after the U.S. market closes on Monday, November 14, 2022.

Yalla Group Limited will hold a conference call on Monday, November 14, 2022, at 8:00 P.M. Eastern Time, 5:00 A.M. Dubai Time on Tuesday, November 15, 2022, or 9:00 A.M. Beijing Time on Tuesday, November 15, 2022, to discuss the financial results. Listeners may access the call by dialing the following numbers:

United States Toll Free: 

+1-888-317-6003

International:

+1-412-317-6061

United Arab Emirates Toll Free:

80-003-570-3589

Mainland China Toll Free:

400-120-6115

Hong Kong Toll Free: 

800-963-976

Access Code:

3456699

The replay will be accessible through November 21, 2022, by dialing the following numbers:

United States Toll Free:

+1-877-344-7529

International:

+1-412-317-0088

Access Code:

8329794

A live and archived webcast of the conference call will also be available at the Company’s investor relations website at https://ir.yallagroup.com.

About Yalla Group Limited

Yalla Group Limited is the largest voice-centric social networking and entertainment platform in the Middle East and Northern Africa (MENA). The Company operates two flagship mobile applications, Yalla, a voice-centric group chat platform, and Yalla Ludo, a casual gaming application featuring online versions of board games, popular in MENA, with in-game voice chat and localized Majlis functionality. Building on the success of Yalla and Yalla Ludo, the Company has expanded its content, creating a regionally-focused, integrated ecosystem dedicated to fulfilling MENA users’ evolving online social networking and entertainment needs. The ecosystem includes YallaChat, an IM product tailored for Arabic users; Waha, a social networking product designed for the metaverse; and games such as Yalla Baloot and 101 Okey Yalla, developed to sustain vibrant local gaming communities in the region. Yalla is also actively exploring outside of MENA, having launched Yalla Parchis, a Ludo game designed for the South American markets. Yalla’s mobile applications deliver a seamless experience that fosters a sense of loyalty and belonging, establishing highly devoted and engaged user communities through close attention to detail and localized appeal that profoundly resonates with its users. In addition, through its holding subsidiary, Yalla Game Limited, the Company has expanded its capabilities in mid-core and hard-core game distribution in the MENA region, leveraging its local expertise to bring exciting new content to its users.

For more information, please visit https://ir.yallagroup.com.

Investor Relations Contact

Yalla Group Limited
Investor Relations
Kerry Gao – IR Director
Tel: +86-571-8980-7962
Email: ir@yallatech.ae

The Piacente Group, Inc.
Jenny Cai
Tel: +86-10-6508-0677
Email: yalla@tpg-ir.com

In the United States:

The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
Email: yalla@tpg-ir.com

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PR Newswire

Call for Entries Issued for 10th Annual Asia-Pacific Stevie Awards

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The only business awards to recognize innovation in business throughout the entire region

FAIRFAX, Va., Oct. 24, 2022 /PRNewswire/ — The Stevie® Awards have issued the call for entries for the 2023 (10th annual) Asia-Pacific Stevie Awards, the only business awards program to recognize innovation in business throughout the entire Asia-Pacific region.

The early-bird entry deadline, with discounted entry fees, is November 22, 2022. The entry deadline is January 17, 2023, but late entries will be accepted through February 15 with the payment of a late fee. Complete entry details are available at http://Asia.StevieAwards.com.

The Asia-Pacific Stevie Awards are open to all organizations in the 29 nations of the Asia-Pacific region: large and small, for-profit and non-profit, public and private.

The awards focus on recognizing innovation in all its forms, wherever it is achieved in the workplace. Entries will be accepted in English in the following awards category groups:

A new category group for 2023 will recognize Thought Leadership innovation in strategy, development, and execution since the beginning of July 2020.

In addition to a number of new categories, a public voting component has been added. Winners in the Company/Organization categories will now be determined by a unique blending of the scores of the professional judges and the votes of the general public.

Asia-Pacific Stevie Award winners will be announced on March 29. Winners will be celebrated and presented their awards during an awards banquet on May 27 in Hanoi, Vietnam.

Scores of professionals from throughout the region will participate in the judging process to determine the Stevie winners.

Some of the Asia-Pacific region’s most innovative organizations have won Asia-Pacific Stevie Awards in the past five years including ABS-CBN Corporation, Cisco Systems, DHL Asia Pacific Shared Services, EventsAIR, Freelancer.com, Fuji Television Network, Inc., Google, Globe Telecom, Hana Financial Group, Hong Kong Tourism Board, HP Inc., IBM, KB Kookmin Card, KT, Megaworld Corporation, MSL China, Nasdaq, Ooredoo, PT Petrokimia Gresik, Seegene Medical Foundation, Shell Philippines Exploration B.V., Shanghai Disney Resort, Singtel, SM Supermalls, Tata Consultancy Services, Telkom Indonesia, VNPT Vinaphone Corporation, Viettel, and more.

The Stevie Award is among the world’s most coveted prizes. The name Stevie is taken from the name Stephen, which is derived from the Greek for “crowned.”

About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 nominations each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.StevieAwards.com.

– Stevie®, American Business Awards® and International Business Awards® are registered trademarks of Stevie Awards, Inc.

* PR Newswire Asia is the official news release distribution partner of the 2023 Asia-Pacific Stevie Awards.

PR Newswire

PressPlay Completed Series B Funding to Accelerate its Business Expansion

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Expanding with three primary strategies and planning to apply for the emerging stock market in 2023

TAIPEI, Oct. 14, 2022 /PRNewswire/ — PressPlay, the first Influence Economy Group in Taiwan, announced that it had completed Series B Funding with several hundred million. PressPlay plans to use the investment to expand the overseas business, enlarge the organization, optimize the online learning platform experience, and accelerate its influence ecosystem’s growth with three cores: entertainment, brand, and knowledge. PressPlay also plans to apply for the emerging stock market in Taiwan in 2023 to extend its global influence through the power of the capital market.

PressPlay Completed Series B Funding to Accelerate its Business Expansion
PressPlay Completed Series B Funding to Accelerate its Business Expansion

PressPlay expects to grow 50% in 2022 with the three cores
PressPlay was established in 2016 and introduced services closely connected to everyone’s daily life. PressPlay has created its influence ecosystem in three core areas: entertainment, brand, and knowledge.

Entertainment influence: PressPlay now has exclusive contracts with 36 creators in Taiwan and Hong Kong, of which 9 have over 1 million subscribers on YouTube.

Brand influence: Collaborated with several creators since 2019 to incubate lifestyle product brand IPs and launched brands across the beverage, bakery, Korean cuisine, and Taiwanese cuisine markets to build its consumption brand territory continuously.

Knowledge influence: PressPlay Academy (PPA) has built the most advanced online learning platform in Taiwan with influence power and technology and provides diverse learning methods and content.

PressPlay Group achieved $1400 million in gross revenue in 2021 and created a 93% annual growth rate with its business expansion.

“PressPlay starts with agency management, creator brand management, and online learning platform and continues to create different business models to support the monetization of creator influence. IPO is our next step and goal. In the future, we will not only expand our business territory but expect to share more business opportunities with the creators, launch more brands, and create a healthy equation for growing to expand the influence ecosystem. For 2022, I’m confident that we will grow over 50% as a group,” Co-founder Rob Kuo said.

PressPlay announces three major strategies and accelerates overseas expansion. PressPlay officially announced IPO as its next step. PressPlay will keep strengthening the existing strategies and focus on three primary strategies:

  1. Overseas Expansion: Since the launch of the creator agency business in Hong Kong in 2019, PressPlay has created an average of 33% annual growth rate. PressPlay will further introduce its monetization business model for creators to overseas markets and aggressively increase overseas collaboration opportunities.
  2. Cross-business profit maximization: The entertainment sector covers creator agency management, content marketing, social commerce, and co-branding. PressPaly also launched Next Master business to focus on creating online courses for creators and will enhance the collaboration with knowledge content business (PressPlay Academy) to maximize cross-business profits.
  3. Online learning platform “double-perfection”: PressPlay Academy brings “double-perfection” to the platform. It has enhanced video shooting quality and created a “perfect” learning experience with AI technology, covering the learning mechanism, interactive experience, learning tools, creator content evaluation, etc., to maximize the value of technology.

PressPlay co-founder Dennis Lin said: “PressPlay Academy will become a platform combining technology, learning, and content creation this year. We strive to optimize the learning experience and challenge to provide the best video quality among the online learning platforms in Taiwan. We will continue to expand overseas collaboration opportunities, including cross-border business development and sales, not being restricted by topics, boundaries, and standards, and create a dynamic online learning academy globally to be the leading brand in the market.”

About PressPlay
PressPlay is the first 360-degree Creator ecosystem group in Taiwan. PressPlay has been expanding its business territory since 2016 with the missions “Maximize the Value of Influence” and “Utilize Influence to Innovate New Business Opportunities,” striving to create the value of influence for each field with a 360-degree approach closely connected to everyone’s daily life.

Media Enquiries: 

Yaki Cheng 
pr@pressplay.cc

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CommsEase Releases an All-in-One Social Live Audio Solution

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HANGZHOU, China, Sept. 27, 2022 /PRNewswire/ — CommsEase, the leading cloud communications service provider, offers a new option to businesses with its all-in-one social live audio solution featuring instant messaging, real-time communication and live streaming.

Generation Z has raised new demands for socializing as they now dominates socializing activities. Instead of close relationships, they are more willing to build weak ties with like-minded people. Anyway, there is always a need for chatting though some users feel stressed in a video call. To overcome the pain point of video calls and draw the distance a little closer between users at the same time, CommsEase decides to provide developers with an all-in-one social live audio solution, enabling them to create an enjoyable and relaxing atmosphere.

CommsEase’s social live audio solution is an all-in-one solution combining its three main strengths – instant messaging, real-time communication and live streaming. Either joining in group voice chat or texting messages and emojis to other people is supported. For a social live audio solution, audio quality determines user experience, and CommsEase is well aware of it. Backed by its AI-powered noise-suppression algorithm, background noise is detected and removed instantly for the sake of high audio quality. The built-in exclusive music codec together with 48 kHz sample rate helps restore the fullness of quality audio.

This solution is suitable for various scenarios, including live audio room, in-game voice chat and online karaoke. In a live audio room, proprietary data encryption algorithm is applied to protect the privacy and security of calls. Hosts can invite as many speakers and listeners as they like, without the concern for data security. In online games, gamers can connect freely with each other at anytime from anywhere. Comfortable gaming experiences are ensured by CommsEase’s WE-CAN global intelligent routing network. Moreover, for online karaoke, the solution supports both solo and chorus modes with stereo HD audio quality and 80% anti-packet loss.

CommsEase offers scenario-based solutions for Kayalive and has already helped Kayalive with its quick launch. Social live audio solution has also given Heatup users an immersive and intimate experience with its high-quality audio and scalable rooms.

To find more information about CommsEase, please visit: https://commsease.com/