GUANGZHOU, China, April 19, 2021 /PRNewswire/ -- LIZHI INC.
("LIZHI" or the "Company") (NASDAQ: LIZI), a leading online UGC
audio community and interactive audio entertainment platform in
China, announced today that it has
entered into a collaboration with WM Motor, an electric vehicle
manufacturing company in China, to
integrate LIZHI's in-car audio product into WM Motor's in-car
system for its electric vehicles. LIZHI's related in-car audio
product has been officially launched on the WM W6 model.
WM Motor is an emerging player that provides new energy mobility
solutions in China. Since its
establishment in 2015, WM Motor has developed a range of electric
vehicle models including WM EX5, WM EX6 Plus, and the recently
launched WM W6. WM Motor aims to promote the development of smart
travel through technology innovation.
Mr. Jinnan (Marco) Lai, Founder
and Chief Executive Officer of LIZHI, said, "We are excited to work
with WM Motor, which aims to deliver improved in-car entertainment
experiences to customers through intelligent technologies. With
this collaboration, we hope to bring our extensive audio content
and exclusive premium podcasts on LIZHI Podcast (LIZHI BOKE in
Chinese) to a wider audience."
"We believe the development of new energy vehicles may present a
huge opportunity for the podcast industry, especially with the
rollout of 5G internet and the development of Internet of Vehicles
(IoV)," Mr. Lai added. "With our AI-empowered content distribution
solutions and a wide variety of exclusive podcasts from LIZHI
Podcast, we see an exciting market opportunity in cooperating with
new energy automakers in China,
providing more drivers with an immersive audio experience in
various in-car use scenarios."
About LIZHI INC.
LIZHI INC. (the "Company" or "LIZHI") has built an audio
ecosystem with a global presence consisting of audio-based social
networks, podcast content portfolios and audio communities. The
Company aims to bring people closer together through voices by its
product portfolios. LIZHI's audio-based social networking product
offering, including Tiya App, caters
to users' evolving interest in social interactions in real time
online and enables users to connect with friends having similar
interests, entertain, chat online, and share their daily lives
through voices. LIZHI also offers a vertical podcast platform,
LIZHI Podcast, that provides users with curated content drawn from
its extensive content library built over the years, as well as new
podcasts provided by selected content creators. Since the launch of
LIZHI App in 2013, the Company's flagship platform, LIZHI has
cultivated a vibrant and growing online UGC audio community and
interactive audio entertainment platform where users are encouraged
to create, share, discover and enjoy audio, and experience
immersive and diversified entertainment features through audio.
LIZHI envisions a global audio ecosystem – a place where everyone
can be connected through voices and across cultures. LIZHI INC. has
been listed on Nasdaq since January
2020.
Safe Harbor Statement
This press release contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. Statements that
are not historical facts, including statements about the Company's
beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties, and a number of factors could cause actual results
to differ materially from those contained in any forward-looking
statement. In some cases, forward-looking statements can be
identified by words or phrases such as "may", "will," "expect,"
"anticipate," "target," "aim," "estimate," "intend," "plan,"
"believe," "potential," "continue," "is/are likely to" or other
similar expressions. Further information regarding these and other
risks, uncertainties or factors is included in the Company's
filings with the Securities Exchange Commission. All information
provided in this press release is as of the date of this press
release, and the Company does not undertake any duty to update such
information, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
LIZHI INC.
IR Department
Tel: +86 (20) 3866-4265
E-mail: ir@lizhi.fm
The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: Lizhi@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: Lizhi@tpg-ir.com
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SOURCE LIZHI INC.