51vv.com

About 51vv.com

Beijing Youbei Online Network Technology Co., Ltd. operates 51vv.com, a social live streaming and entertainment platform founded in 2008 by Zhu Yitao. The company, based in Beijing, China, focuses on providing high-quality audio and video services, including special effects processing and interactive video features. The core of its business is the VV Video Community, an instant messaging and live-show platform where users can interact, showcase skills, and share their lives. This platform has expanded to include a product suite for both PC and mobile, featuring online karaoke, an original music base, and social networking functionalities to offer a comprehensive online entertainment experience.

The platform's offerings include instant messaging, online karaoke rooms, video chat, original music channels, dance and fitness classes, and educational content. Its business model is built around a large user base, which it reports as having millions of registered users with hundreds of thousands online concurrently. Revenue is generated through in-app purchases and value-added services, such as VIP memberships that offer exclusive privileges and virtual gifts that users can send to performers and each other. The company received an undisclosed amount in a Series A funding round on November 20, 2014, with Sinovation Ventures as the investor.