VIU tops video-streaming market in Southeast Asia; grows 63% in revenue

VIU is a Hong Kong-based streaming platform that rose to popularity in recent years.


Faith Baltazar

12 Mar, 2021

VIU tops video-streaming market in Southeast Asia; grows 63% in revenue | BEAMSTART News

- From our Sponsors -

With over 30 million subscribers across Southeast Asia, over-the-top (OTT) video streaming app VIU currently ranks first among other streaming platforms in the region.

Excluding Youtube and TikTok, there are 195 million online video-streaming users in the region today.

“The opportunities in the rapidly growing online video-streaming market are immense and expected to continue to grow at 26% CAGR [compound annual growth rate] over the next three years,” says Helen Sou, chief business officer of Asia at VIU.

In the 4th quarter of 2020, VIU gained 30.5 million monthly active users from Indonesia, the Philippines, Singapore, and Thailand, according to a research conducted by Media Partners Asia (MPA).

VIU video streaming platform.

According to the report, VIU ranked second among large streaming platforms in Indonesia and Singapore for the number of paid subscribers and long-term streaming duration.

In the Philippines, VIU ranked first in monthly active users and second in paying subscribers.

According to a previous survey, Indonesia saw a net addition of around 3.6 million subscribers between September 2020 and January 2021.

“VIU drives subscription through premium Korean content and a growing collection of local acquisitions and original productions, which contributes to the overall growth of the subscription video on demand (SVOD) sector in Southeast Asia,” says Anthony Dobson, Vice President of MPA.

- From our Sponsors -

Latest Jobs

Senior Product Manager

Okteto

San Francisco, United States

Full Time

Salary Undisclosed

Sales Development Representative (SDR / BDR)

Worklytics

Seattle, WA, United States

Full Time

USD 60000 — USD 100000 yearly

Chief of Staff

Haystack

San Francisco, United States

Full Time

Salary Undisclosed

Backend Engineer

Shipamax

London, United Kingdom, United States

Full Time

USD 55000 — USD 95000 yearly

Growth Lead

RevenueCat

San Francisco, United States

Full Time

USD 166000 — USD 228000 yearly

Sales Support Assistant

HiOperator

San Francisco, United States

Full Time

USD 20 — USD 22 yearly

Head of Employer Partnerships

Stepful

New York, United States

Full Time

USD 120000 — USD 140000 yearly

Program Owner - Onboarding

AtoB

San Francisco, United States

Full Time

Salary Undisclosed

Account Executive, GTM Strategy

Zensors

San Francisco, United States

Full Time

Salary Undisclosed

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2022 BEAMSTART. All Rights Reserved (Legal).