BEIJING, Jan. 29,
2024 /PRNewswire/ -- In recent years, supported by a
diversified product strategy, BaiJiaYun has continuously
deepened its globalization efforts. Alongside its rapid business
growth, BaiJiaYun's brand trust and recognition have been steadily
soaring on a global scale.
On January 29th, in a move to
continuously advance international collaboration and deepen its
business layout in Southeast Asia,
BaiJiaYun's CEO, Ma Yi, accompanied
by Vice Presidents Xiao Jiantie and
Qu Wei, and other team members,
visited Vietnam for an in-depth
on-site investigation and exchange. This visit was aimed at
preparing the groundwork for subsequent business developments.
The visit to Vietnam for
in-depth exploration and exchange not only represents another
significant appearance of BaiJiaYun on the international stage, but
it also greatly promotes mutual understanding and cultural exchange
between the two countries. In the future, BaiJiaYun plans to expand
more international collaborations with a global strategic
perspective.
Accelerating the expansion of its global commercial layout,
BaiJiaYun has made a visit to Vietnam for exploration and
inspection.
In recent years, with the enhancement of global competitiveness
among Chinese companies, many have been actively promoting the
global expression of "China's
story" and expanding their overseas operations. As the first
audio-video SaaS company from China to be listed on the NASDAQ in
the United States and one of the
earliest domestic enterprises to venture into the AIGV (Artificial
Intelligence Generated Video) sector, BaiJiaYun has been actively
implementing a global business strategy. This approach aligns with
its commitment to contribute to the "China Power" narrative on the
world stage, offering a new paradigm for technological innovation
and global connectivity.
During its visit to Vietnam,
the BaiJiaYun delegation successfully visited the Consulate General
of the People's Republic of China
in Ho Chi Minh City, where Deputy
Consul General Xu Zhou received the
delegation. Consul Xu Zhou fully
affirmed BaiJiaYun's development plans in Vietnam, encouraging the company to leverage
its technological capabilities, deeply cultivate the Vietnamese
market, and effectively convey the story of the Chinese brand.
Furthermore, the Consulate General expressed its commitment to
acting as a bridge and bond, vigorously supporting Chinese-funded
enterprises to expand their
operations in Vietnam. This
support aims to jointly promote high-quality economic and trade
cooperation between China and
Vietnam.
During their trip to Vietnam,
the BaiJiaYun delegation also visited the College of Business (COB)
at Ho Chi Minh City University of
Economics. They were received by the Dean of COB, the Vice
President of the Chinese Academy of Sciences, and the Deputy
Director of the Department of International Business and Marketing,
among other leaders. During the visit, BaiJiaYun extensively
introduced its remote interactive classroom products. Furthermore,
both parties engaged in in-depth discussions on experiences in
building smart campuses and cooperation in industry, academia, and
research. They also explored the possibilities of bilateral
educational cooperation.
As BaiJiaYun deepens its international and commercial
strategies, the company is also keen on fostering multi-level
collaborative innovations to accelerate the dissemination and
application of technological advancements. During their stay in
Vietnam, BaiJiaYun delegation
visited Haravan, a well-known Vietnamese technology company, to
discuss trends in SaaS (Software as a Service) technology services
and share experiences in serving startups and small and
medium-sized enterprises (SMEs) in the e-commerce sector. In the
meeting, Ho Huynh, CEO &
Co-Founder of Haravan, highly praised BaiJiaYun's brand proposition
and business strategic direction.
Continuously expanding its reach in the Southeast Asian
market, BaiJiaYun's international presence is once again
enlarged.
Founded in 2017, BaiJiaYun went public on the NASDAQ in
the United States in December 2022. The company positions itself as a
"one-stop AI video technology service provider". Currently,
BaiJiaYun leverages the latest advancements in artificial
intelligence and big data to assist various sectors, including
education, finance, automotive, and healthcare. Their focus is on
solving a wide range of pain points and fulfilling diverse needs in
the field of video technology applications.
Over the past few years, BaiJiaYun has assisted companies across
various industries in achieving digital transformation,
successfully enhancing their operational efficiency. By offering
products and services such as live commerce (live streaming for
sales), video conferencing, remote medical consultations, and
online learning platforms, BaiJiaYun is bringing about product
innovation and experiential leaps for global consumers.
Additionally, BaiJiaYun has introduced services involving virtual
digital humans, virtual environments, and virtual live
broadcasting. These innovations continue to broaden the boundaries
of perception and technology, creating more possibilities for the
development of the commercial and social world.
In addition to reinforcing its existing competitive advantages,
BaiJiaYun is also expanding its development efforts into a broader
international arena and achieving significant breakthroughs. With
the gradual opening up of markets in Southeast Asia, including Thailand and Myanmar, BaiJiaYun's strides towards the
global market are accelerating.
BaiJiaYun's CEO, Ma Yi, has
stated that in this continuously evolving digital era,
international cooperation is an imperative path to follow.
Leveraging the technological foundation and industry experience
gained from serving domestic enterprises over the past few years,
BaiJiaYun is confident in its ability to exhibit substantial
competitiveness in the overseas audio and video industry. Moving
forward, as the internationalization strategy becomes increasingly
refined, BaiJiaYun intends to deepen its roots in China while expanding globally, aiming to
seize the continuously emerging market opportunities.
For investor and media enquiries,
please contact:
Company Contact:
Ms. Fangfei Liu
Chief Financial Officer, Baijiayun Group Ltd
Phone: +86 25 8222 1596
Email: liufangfei@baijiayun.com
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SOURCE Baijiayun Group Ltd