Livestreaming startup 17Live is getting lean and mean ahead of its public debut!
The Singaporean firm saw revenue dip 25% last quarter. But profits? Up big time!
17Live purposely cut spendy ads to boost earnings. Short term revenue hurt for long term gain.
Now with IPO on the horizon, 17Live’s poised to capitalize on livestream mania!
The company’s cooking up an anime avatar secret sauce called V-Liver. Letting creators become VTubers is catnip for fans.
V-Liver already rakes in views in Japan. Now 17Live wants to export its virtual magic across Asia and beyond.
So say goodbye lazy livestreaming days! 17Live’s sharpening its business model for a fierce public debut.
Lean, mean profit machine 17Live is ready to take the livestream world by storm.
