Bigo Technology is on a roll. After raising $272 million in Series-D funding , the live streaming platform has now announced it will open regional centres in three major regions in the world before the end of this year, starting with India.
This step would make BIGO TECHNOLOGY ( BIGO LIVE’s parent organisation) the first Singapore Internet company to step into the global arena and take significant steps to be a leader in the live streaming industry. Besides India, it plans to expand in the Middle East and the US.
With over 40 patents in VoIP/Video related technology and over 60 patents are under the process of application, BIGO Technology is one of the major companies globally in field of app development and publishing of apps.
Jason HU – CTO, BIGO Technology stated that India being the second largest market for smartphones, the growing Internet infrastructure and the blooming young population are the three key points to make this decision“We are truly humble by the Indian people and their diversified culture. We strive to make the voice of the GREAT INDIA be heard by the world, and we’re making it come true with our new centre and seeking partnership with government.” Jason said.
Soon the company will start its regional centre in India and will be creating employment opportunities for more than 1000 tech professionals. As per Mr. Hu, India has a strong culturally driven and diversified population & hence India is the best fit for future investments. Due to the technology employed and artificial Intelligence the app utilises, BIGO LIVE as a brand believes that this technology would be beneficial to not only BIGO LIVE but also other companies.
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