17LIVE Group Limited ("17LIVE" or the "Company" and together with its subsidiaries. "the Group") operates 17LIVE, one of Asia's top live streaming platforms. The Group's main business lines include Liver live streaming and V-Liver live streaming, and has introduced innovative business initiatives complements its core live streaming business.
The 17LIVE platform is accessible globally. 17LIVE's key markets of operations include Japan, Taiwan, and Hong Kong, with a presence in other Asian markets. The platform fosters a diverse live streaming ecosystem with a loyal and engaged user community, as well as a deep pool of live streamers.
In 2024, 17LIVE introduced its "Forward Strategy." focusing on ensuring sustainability through platform enhancement, revenue diversification, and strategic partnerships to create a thriving live streaming and virtual entertainment ecosystem.
As part of the strategy, the Group has expanded its portfolio of growing virtual livestreamers' intellectual property ("IP") via acquisitions of production companies that own unique virtual IPs. This is supplementary to the Group's existing two unique IP groups: BUSHILIVE and GanGun Girls and supports its efforts to expand the high- potential virtual IP segment.