PressPlay Completed Series B Funding to Accelerate its Business Expansion - PR Newswire APAC
Summary
Expanding with three primary strategies and planning to apply for the emerging stock market in 2023TAIPEI , Oct. 13, 2022 /PRNewswire/ -- PressPlay, the first Influence Economy Group in Taiwan, announced that it had completed Series B Funding with several hundred million. PressPlay plans to use the investment to expand the overseas business, enlarge the organization, and accelerate its influence ecosystems growth with three cores: entertainment, brand, and knowledge. PressPlay also plans to apply for the emerging stock market in Taiwan in 2023 to extend its global influence through the power of the capital market.PressPlay expects to grow 50% in 2022 with the three coresPressPlay was established in 2016 and introduced services closely connected to everyones daily life. (2) Cross-business profit maximization: PressPly launched Next Master business to focus on creating online courses for creators and will enhance the collaboration with knowledge content business (PPA) to maximize cross-business profits. We will continue to create a dynamic online learning academy globally to be the leading brand in the market.