Chinese-developed live stream platform gets very popular in US
(People's Daily Online) 10:59, July 01, 2016
Top downloads of "all categories" and "photography and videos" of App Store on June 29.
Amid the competition among live stream platforms including Facebook Live and Twitter'sPeriscope, Live.ly, the newly released live streaming app from Musical.ly, has achievedoutstanding performance and secured the top slot in the APP Store.
But you would have never thought the app was developed by a Shanghai-headquarteredChinese team with only 50 staff members.
Launched in April 2014, Musical.ly garnered a steady increase in downloads in a year. Butafter April 2015 when some improvements facilitating the share by users were made,downloads began to skyrocket and all the way to shoot to the top of the APP Store's twoapplications "all categories" and "photography and video" on July 6.
Musical.ly launched its Live.ly on June 17 and the live stream app was ranked the secondand the third place in "photography and video" and "all categories" respectively only innine days
Musical.ly makes it easy and fun to create amazing 15-second videos and impress yourfriends. Simply select a sound and start lip syncing! Anyone can be an awesome singerwith musical.ly!
On June 27, at the TechCrunch Shanghai 2016, the must-attend conference for thetechnology and Internet industry in China, Luyu Yang, co-founder of Musical.ly saidMusical.ly has about 100 million users in Europe and the United States, and more than 10million daily active users, 50 percent from Europe and 40 percent from the United Stated,but almost no from China.
When asked why Mysical.ly did not put Chinese market in the priority, Luyu Yang saidfirst of all because the team has only more than 10 people and their strength does notmatch their ambition, and partly because European and American popular culture havefeatured personality and labels, expanding global market should start from these marketswith strong culture. "The reason why we are growing fast in Southeast Asia and SouthAmerica is greatly related with the fact that we chose the US as the starting point," addedLuyu Yang
Musical.ly App.
Different from Facebook and Twitter, users of Musical.ly are between 13 years old and 20years old. In addition, the current product meets the needs of users who cannot experienceon social network sites such as Facebook and Twitter.
Musical.ly received $ 16.6 million financing in August 2015. In May this year, TechCrunchreported that a new round of financing totaling approximately $ 100 million is underwayand valuation of Musical.ly in this round of financing is estimated to reach about $ 500million.
http://en.people.cn/n3/2016/0701/c90000-9080282.html
(People's Daily Online) 10:59, July 01, 2016
Top downloads of "all categories" and "photography and videos" of App Store on June 29.
Amid the competition among live stream platforms including Facebook Live and Twitter'sPeriscope, Live.ly, the newly released live streaming app from Musical.ly, has achievedoutstanding performance and secured the top slot in the APP Store.
But you would have never thought the app was developed by a Shanghai-headquarteredChinese team with only 50 staff members.
Launched in April 2014, Musical.ly garnered a steady increase in downloads in a year. Butafter April 2015 when some improvements facilitating the share by users were made,downloads began to skyrocket and all the way to shoot to the top of the APP Store's twoapplications "all categories" and "photography and video" on July 6.
Musical.ly launched its Live.ly on June 17 and the live stream app was ranked the secondand the third place in "photography and video" and "all categories" respectively only innine days
Musical.ly makes it easy and fun to create amazing 15-second videos and impress yourfriends. Simply select a sound and start lip syncing! Anyone can be an awesome singerwith musical.ly!
On June 27, at the TechCrunch Shanghai 2016, the must-attend conference for thetechnology and Internet industry in China, Luyu Yang, co-founder of Musical.ly saidMusical.ly has about 100 million users in Europe and the United States, and more than 10million daily active users, 50 percent from Europe and 40 percent from the United Stated,but almost no from China.
When asked why Mysical.ly did not put Chinese market in the priority, Luyu Yang saidfirst of all because the team has only more than 10 people and their strength does notmatch their ambition, and partly because European and American popular culture havefeatured personality and labels, expanding global market should start from these marketswith strong culture. "The reason why we are growing fast in Southeast Asia and SouthAmerica is greatly related with the fact that we chose the US as the starting point," addedLuyu Yang
Musical.ly App.
Different from Facebook and Twitter, users of Musical.ly are between 13 years old and 20years old. In addition, the current product meets the needs of users who cannot experienceon social network sites such as Facebook and Twitter.
Musical.ly received $ 16.6 million financing in August 2015. In May this year, TechCrunchreported that a new round of financing totaling approximately $ 100 million is underwayand valuation of Musical.ly in this round of financing is estimated to reach about $ 500million.
http://en.people.cn/n3/2016/0701/c90000-9080282.html