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IPO: Taiwanese social entertainment company M17 ENTERTAINMENT (YQ)

M17 Entertainment Co., Ltd. M17 ENTERTAINMENT Ltd. (NYSE: YQ) was founded in 2015 and is headquartered in Taiwan. It has 583 full-time employees (3/31/2018). It is a Taiwanese social entertainment company. Users all over the world can live live, watch online and participate in interactions. There are currently more than 50 million registered users worldwide.

M17 ENTERTAINMENT

M17 ENTERTAINMENT(YQ):

M17 has created a new communication mode. Anyone, in any corner of the world, can connect with the world through the M17 media platform, show their talent and enthusiasm, realize their dreams, and create their own infinite wonderful life.

M17 is committed to consolidating relationships with partners, continuously strengthening the content and quality of the platform, actively expanding overseas markets, and cultivating team talents. Currently there are offices in Taiwan, Hong Kong, Japan, Singapore, Malaysia, South Korea and Indonesia.

The name “17” comes from the Chinese word “together”, which symbolizes that the new generation of the Internet can get together anytime and anywhere through the M17 social platform.

The main customer group of M17 is the new generation of mobile network users, connecting with the world through real-time video and audio, opening up new global horizons.

Main Products of M17 ENTERTAINMENT: Introduction of 17 Media

17 Media is an easy-to-operate live app and social platform. Whether you are celebrities, celebrities in various fields, Internet celebrities or amateurs, you can use 17 Media to broadcast live, record programs, and share life moments, so that audiences around the world can watch, connect and share in time, and participate in interaction. At present, the number of registered people worldwide has exceeded 50 million, and the daily production of audio-visual content can reach about 10,000 hours.

17 Media has created a new era of real-time video and audio communication methods, and created a personal stage for each live broadcaster. You can share personal talents, creative ideas, food, travel, makeup, and pets anytime, anywhere. Everyone can be the focus of attention.

17 Media is also the best social dating platform. Through lively and smooth audio-visual interaction, you can follow your friends, discover your fans, and update your friends’ current status at any time. Live chat, picture messages, presenting gifts, expressing feelings, interaction is everywhere. The review team monitors 24 hours a day to ensure that the content is intact and that all families can have peace of mind. Update gifts and stability every week to maintain smoothness and freshness. A reasonable profit sharing mechanism allows each live broadcaster to share mutual benefit, create revenue, and explore unlimited business opportunities.

17 Media was established in Taiwan in 2015. It has surpassed 10 million downloads in just 248 days and has nearly a million daily active users. It has become the most popular App in the United States, Hong Kong and Indonesia. Provide users with rich original content and diverse audio-visual interactions to create a new generation of live media.

In addition to maintaining the existing rich content output, Media has integrated its live broadcast, dating, entertainment, and e-sports resources to jointly create a self-made social entertainment platform, and actively organize the live broadcast circle awards event “Golden Feather Award”. Golden Bell and Golden Melody aim to become the fourth gold in the entertainment industry. At the same time, it is committed to consolidating relationships with partners, continuously strengthening the content and quality of the platform, actively expanding overseas markets, and cultivating team talents.

M17 ENTERTAINMENT(YQ) History:

  • In 2015, the company was founded.
  • In February 2017, Paktor acquired the voice dating software Goodnight.
  • On April 27, 2017, after Paktor announced its investment in 17 Media last year, Paktor officially issued an official statement today that it will merge with 17 Media to become M17 Entertainment, the largest social entertainment company in Asia.
  • In May 2017, M17 Entertainment Group was formally established.
  • In July 2017, the Hong Kong branch was established.
  • In September 2017, the Japanese branch was established.
  • In December 2017, Goodnight’s global registrations exceeded 3 million.

M17 ENTERTAINMENT (YQ) investment:

M17 Entertainment Co., Ltd. M17 ENTERTAINMENT Ltd. (NYSE: YQ) submitted its IPO prospectus on 5/11/2018, and plans to land on the NYSE on 6/7/2018. The issue price is US$10.00-12.00, and 7.511 million shares are issued. Capital does not exceed 103651.8 million US dollars.

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