17 Live clone has experienced many difficulties throughout the years in addition to its successes. The US IPO attempt that failed in 2018 was the most prominent. [4] Ever since, the company has reaffirmed its dedication to reshaping and modernising the sector. Hirofumi Jeffery Huang's hiring as the company's current CEO led to the establishment of 17 Media (now 17Live) in Taiwan in 2015.
17 Media completed a US$33M series B [5] round in 2017 to expand to Japan and Hong Kong, merge with dating app Paktor, and do so. Within a year, 17 Media became the market leader in Japan.
A worldwide network for live social entertainment is called 17 Live Clone.
Jeffery Huang founded the business in Taiwan for the first time in 2015
after entering
The company obtained $25M in a series C transaction in order to fund their unsuccessful 2018 US IPO preparations.
Despite the loss of its IPO effort, the company proceeded in seeking global expansion, creating "LIVIT" to help English-speaking markets access the US, India, and North Africa.
In Japan, 17's top live streaming app was downloaded by 10 million users in 2019[3], and the business is still trying to grow both inorganically and organically.
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