Please wait while we enable your Account

0%

Contacting Amazon Web Services
Deploying Cloud Servers, Storage, Transcoding & Database Servers
Deploying Global CDN
Deploying Firewall & Enabling Security Measures
Deploying the CMS & Admin Module
Deploying Website, Mobile & TV Apps framework
Creating your FTP account
Finishing up all the modules
Preparing for launch

Alibaba Invests $100 Mn into its Video App – VMate

Roshan Dwivedi Published on : 31 May 2019
Alibaba Video Streaming App - VMate

Alibaba invests 100Mn into VMate – a short video streaming app, to increase the company’s foothold in the booming Indian OTT market. VMate was earlier launched in 2016 by UC Web (Alibaba’s subsidiary) and is now one of the growing video-sharing apps.

According to reports, VMate has more than 30Mn global users and is witnessing great response from users, especially Indian audiences. With Alibaba’s funding, VMate will scale up its business with enhanced features like video downloads and 3D face emojis.

In a press release, VMate’s founder hinted about overlapping ByteDance’s video streaming app TikTok.

Written by: Roshan Dwivedi

Add your comment

Leave a Reply

Your email address will not be published.

Try Muvi One free for 14 days

No Credit Card Required

.muvi.com
Your website will be at https://yourname.muvi.com, you can change this later.

Upcoming Webinar
June 14

8:00AM PST

Importance of User Types in a Streaming Platform’s Success

In this webinar, you will learn :

  • Different types of users in the streaming platform and their behaviors
  • Way to set up the best monetization strategy for different type of users by meeting their needs
  • Possible marketing options to cover these users and increase revenue

Event Language: English
1 hour