Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Monday, February 18 2019 - 15:47
AsiaNet
Singapore based BIGO announces aggressive expansion plan into 3 vast markets in 2019 - starting with US$100 million into India over a period of 3 years
SINGAPORE, Feb. 18, 2019/PRNewswire-AsiaNet/--

BIGO Technology Pte. Ltd. announced that it will be opening up regional centers 
into three (3) other major regions in the world before the end of 2019, 
starting with India. This announcement made within the short 3 years of its 
start-up, proves that the Singapore based internet technology company is poised 
for explosive growth. The US$100 million investment into India is significant 
as BIGO is the first Singapore internet company to step into the global arena 
and to take significant leaps to be a leader in the industry. 

Photo - https://photos.prnasia.com/prnh/20190218/2377867-1 
Singapore based BIGO announces aggressive expansion plan into 3 vast markets in 
2019, starting with US$100 million investment into India

The expansion will create jobs for over 1000 people in India and create 
opportunities for cross-country learning for both Singaporeans and Indians 
especially since the company has over 40 patents in VoIP/Video related 
technology with 60 pending patents in the pipeline. The move represents for 
Singapore a significant step as it joins the ranks of big wigs in the industry, 
all currently owned by foreign entities. BIGO's expansion will bring the total 
number of offices to 20 regional offices and 4 regional centres for BIGO by the 
end of 2019.   

The company's most renowned live-streaming product, BIGO LIVE, latest count of 
registered users was over 200 million in over 100 regions, a number that is 
rapidly growing on a daily basis. Already it is one of the top grossing app 
globally as reported by App Annie in 2018. Another short video app from the 
company, LIKE, has reached 20 million daily active users around the globe. 

Following its explosive growth, the company is now setting its sights on 
aggressively expanding into both emerging and developed economies alike. Jason 
Hu, CTO for BIGO Technology, claims, "We have set our sights on expanding into 
India as the first region of three. India will act as a complementary center to 
Singapore's Research and Development center. This bold step is the first of its 
kind for BIGO, and a testament to the growing need for overseas centers as our 
user base grows."

BIGO is confident that it's investment and status among the users will not be 
tainted or swayed by other apps in the market. A large part of their confidence 
is due to the technology employed and Artificial Intelligence the app utilizes, 
as it is far more advanced than other apps of similar nature. On the human 
element, BIGO takes pride and confidence in the relationship they build with 
their broadcasters, giving them support and mentoring, empowering them to build 
their own business via the app. 

For media enquiries, please contact: Marie Wong, mariewong@bigo.sg, 
+65-8795-0780.

SOURCE  BIGO Technology Pte. Ltd.
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