[Summary] Founded in March 2012, currently in Series B, with total financing of
Miluoxing Group is a rapidly developing internet technology enterprise, founded in 2012. The group's headquarters is located in Hangzhou, with branch offices in Beijing, Shenyang, Los Angeles, Mumbai, etc., and its business covers many countries in South Asia, North America, and Africa.
With the mission of "Video Life, Beautiful Connections," the group is committed to becoming an internationally competitive video livestreaming solution and service provider, based on the concept of the sharing economy and unique technological advantages. Supported by this, it has developed multiple self-operated business scenarios, including online pan-entertainment livestreaming, online K12 education platforms for children and teenagers, and variety show media services. To date, it has received strategic investments of hundreds of millions of RMB from top investment institutions such as Shanda Capital, China Media Capital, Sequoia Capital, and Qiming Venture Partners.
Under the group, the pan-entertainment livestreaming interactive business represented by "KK Live" and the online K12 education business for children and teenagers represented by "Mile Education" serve as the engines for self-operated business development.
The two flagship businesses provide users with a family-style product matrix solution. Among them, "KK Live" is a social entertainment livestreaming platform under the group that focuses on a wide range of young and middle-aged users. It starts with the talents and skills of streamers and anchors as an operational entry point, continuously extending to various dimensions of needs such as lifestyle, gaming, culture, and e-commerce, building content barriers, and realizing monetization through livestreaming. "Mile Education" is an online learning service platform for K12 children and teenagers that provides one-on-one and one-to-many services. It enters through children's English teaching, combining internet technology advantages with high-quality British and American foreign teachers to achieve authentic English teaching. Currently, Mile Education also covers a series of quality training platforms and cloud classrooms such as Mile Coding and Mile.net, which together form an important business matrix of the brand.
The open platform under Miluoxing Group also provides advanced and convenient video livestreaming solutions, empowering the new media evolution of various vertical industries. Through excellent interactive experiences and flexible access methods, it not only meets its own business needs but also enables livestreaming services to be applied to online classrooms, artistic performances, news media, shopping auctions, and customized cooperation through an open platform approach. As of now, the platform has over 150 million registered users, more than 200,000 registered streamers, and over 600 partner brokerage companies. Under the strategic guidance of technological innovation, business drive, and platform empowerment, Miluoxing will further align with national policies and industry trends, actively undertake social responsibilities, continuously speak out for the dissemination of positive energy and Chinese culture through the platform, and participate in building a harmonious and developing video service ecosystem.
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