Hyderabad News Desk

* Two years later, annual turnover reached US$10 billion and revenue exceeded US$1 billion.

* European and American market revenue slightly exceeds that of the Asian market

* Launch plan to go public in the U.S. within two years

Leveraging on the booming development of the short video industry in Asia, Singapore-based MeloBee Media, which started with Melobee short video, is also promoting the maturity and growth of its short video community platform. It hopes to have annual revenue of more than US$1 billion in two years and will launch a listing plan in the United States in due course.

Mr. Yu Jiapeng, founder and chief executive officer (CEO) of MeloBee Media, Singapore’s largest short video platform, pointed out that Melobee operated in Hong Kong until August, and the number of active users in Hong Kong had exceeded 2,100,000. MeloBee will join hands with Singapore, Hong Kong, Indonesia and other Southeast Asian countries to go global, and plans to establish a branch in Houston, USA, by the end of 2023 to develop overseas markets. It is expected that in two years, the company will reach a transaction volume of 10 billion US dollars a year, while Europe and the United States The market’s turnover and revenue will slightly exceed those of the Asian market.

“With the help of a large population base, the local media market is promoted, and many media are about to mature. MeloBee’s new operating model and member benefits will be fully covered in the country, so that the people of the country or region can see a development that is conducive to development. A comprehensive entertainment media that respects human rights, freedom of speech, and generates revenue from international traffic. Let entertainment and revenue go hand in hand, and create a new life!”

According to him, Hong Kong is a mature and high-quality development area based on its entertainment and cultural history, and Hong Kong is among the top ten areas of global media attention.MeloBee has gained support from the masses in Hong Kong and has popularized the platform. In just two months, the number of active users in Hong Kong has reached 2.1 million, and continues to rise.MeloBee is committed to building the strongest media in Asia. Singapore joins hands with Hong Kong, Indonesia, Vietnam and other Southeast Asian countries to go global, and with the help of a large population base, it promotes the local media market. At the same time, many media are already mature and MeloBee’s new operating model and member benefits will be fully covered in the country, so that the people in the country can see a comprehensive entertainment media that is conducive to development, respects human rights, freedom of speech, and generates revenue from international traffic, allowing entertainment and revenue generation to go hand in hand, creating a new life!

Mr. Yu Jiapeng is very optimistic about the short video track. Melobee Media is an original business model in Singapore because Singapore has a huge short video creative job market. The company is optimistic about overseas markets because of the huge market potential of creative workers at home and abroad, which will promote the development of short video community business in Asia. In the current information age, people can still accumulate wealth through information technology after the impact of the epidemic to combat various economic constraints brought about by the epidemic. At present, new self-media will be a hot topic. Media such as Facebook, YouTube, TikTok and other media can use traffic to generate income, learn various aspects of technology, and share global current affairs. This is a good popular way to generate income.

MeloBee Media also holds a variety of video-related activity topics, allowing users to experience different video styles and cultures, and participate in various interesting and beneficial activities. Users can discover and participate in short video activities and topics of interest to them on the platform, such as challenges, competitions, programs, lists, etc., show their creative talents, win prizes and honors, and increase their influence and popularity. Users can also initiate and organize short video activities and topics they want on the platform, invite other users to join and support, and create their own short video community. MeloBee Media has invested US$350 million in operations in Indonesia and Vietnam, and plans to invest further funds into the Indian and Thai markets to support anchors and increase traffic.

“The company plans to launch an overseas listing plan in about two years, which is based on the company’s development strategy and judgment on the external capital market.” He said.

Media Contact
Company Name: MeloBee Media
Contact Person: Mr. Dragon
Email: Send Email
Phone: +65 65528866
Country: Singapore
Website: http://www.melobeemedia.com