They can listen before they go to sleep, during a break at work, while dining, while driving or when they’re waiting for someone. The iOS version of the Ximalaya FM app fully supports voice commands and has a smart speaker making things even more convenient, especially for those with visual disabilities.Īudio content is unique because people can listen to it while they do other things and in all kinds of situations. Users, especially those without a membership account, are unlikely to skip ads and the attention for these kinds of ads is usually high. On Ximalaya FM, you can promote your products with audio ads from 15-30 seconds. #Didi keep ximalaya linkdoc us ipotimes fullIn a digitalized world full of textual and visual content, audio recordings are one of the best alternatives to attract Chinese consumers. Voice-based content cuts through the noise. The effectiveness and cost-efficiency of audio ads on Ximalaya FM are higher and will help you reach customers that are unreachable using other platforms.ģ. This means that the platform is largely supported by a unique user community. Research shows that Ximalaya FM users have a low overlap rate with other major social media platforms like Tencent Video, TikTok, iQIYI, Youku and Tencent News. This means that doing marketing on Ximalaya FM, enables your brand messages to reach young Chinese customers with higher purchasing power. According to data released by the platform, over 50% of its users are aged 20-30 and nearly 80% have bachelor’s degrees or above. Ximalaya FM, as the leader in the field, is able to attract consumers with different interests and purchasing power from different geographical locations. In 2020, the sector is expected to grow to 23.5 billion RMB. Paid digital content services have gained popularity among Chinese consumers in the past few years. It’s the leader in China’s growing paid digital content sector. Here are some reasons for its popularity.ġ. Over 3,000 brands, including famous brands from all over the world, like McDonald’s, Pizza Hut, KFC, Durex and L’Oréal have done marketing on Ximalya FM. With this large amount of diverse audio content, Ximalaya has become a major stage for audio artists and online KOLs in China, and is often regarded as the YouTube of audio in China. It has more than 15 million pieces of audio work. Its content is sourced from a community of 8,000 top level, verified, cultural commentators and bloggers and over 7 million regular audio hosts who share their insights, Ximalaya’s content covers over 300 categories including the humanities, history, art, music, movies, news, entertainment, foreign languages, health, travel, gaming, finance and many more. This means that it’s one of the top 50 most popular apps in China. It also has 35 million overseas users globally. With the motto ‘Anytime, anywhere, listening to anything I like (随时随地, 听我想听)’, the creators of the platform aim to provide the best and most convenient audio experience to its users through mobile apps and online webpages.Īs of January, 2020, Ximalaya had 470 million mobile users and 79.9 million monthly active users giving it 62.8% of the online audio market in China. #Didi keep ximalaya linkdoc us ipotimes professionalAll Rights Reserved.Launched in 2012, Ximalaya FM is China’s most popular professional platform for podcasting and audio-sharing. LinkDoc Technology is now planning to lead a $200 to $300 million financing round before its upcoming IPO in Hong Kong, according to Bloomberg. LinkDoc Technology Limited, a medical data platform company backed by Alibaba, was the first to scrape its IPO plan in the U.S. Securities and Exchange Commission is also issuing new disclosure requirements, asking Chinese companies to reveal their use of variable interest entities (VIEs) to investors. Yet the pressure for Chinese tech companies doesn't stop there - the U.S. IPO plans since July.Īccording to Reuters, China is currently framing new regulations to ban IPOs outside of the country for tech companies with data security risks. Under pressure from regulators and distrust from investors, many Chinese companies such as Xiaohongshu, a social commerce platform backed by Alibaba and Tencent Keep, a fitness app backed by Tencent and Ximalaya, have either dropped or suspended their U.S. IPO plan and list in Hong Kong instead since May. Amid a cybersecurity probe, Chinese authorities have pressured Ximalaya to drop its U.S. Ximalaya has previously suspended its IPO plan after DiDi's disastrous IPO in July. Thursday, Ximalaya, one of China's most prominent audio streaming platforms backed by Tencent, said it will drop its IPO plan in the United States filed in April. Ximalaya drops US IPO plan amid China's crackdown on overseas listing Septem3:59 pm Ximalaya drops US IPO plan amid China's crackdown on overseas listing - PingWest English 中文
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