PressPlay, a Taipei, Taiwan-based influence economy group, closed a Series B funding of undisclosed amount.
The backers were not disclosed.
The company intends to use the funds to expand the overseas business, enlarge the organization, optimize the online learning platform experience, and accelerate its influence ecosystem’s growth within three cores: entertainment, brand, and knowledge.
Led by CEO Dennis Lin, PressPlay is a Creator ecosystem group which intends to maximize the value of influence and utilize influence to innovate new business opportunities in three ways, such as:
- further introducing its monetization business model for creators to overseas markets and increasing overseas collaboration opportunities.
- focusing on creating online courses for creators and enhancing the collaboration with knowledge content business to maximize cross-business profits.
- enhancing video shooting quality and creating a learning experience with AI technology, covering the learning mechanism, interactive experience, learning tools, creator content evaluation, to maximize the value of technology.
PressPlay now has exclusive contracts with 36 creators in Taiwan and Hong Kong, of which 9 have over 1 million subscribers on YouTube.
FinSMEs
14/10/2022