Australia's largest stock trading and investment forum Australia's #1 stock forum

TV2

0.00%

0.8¢ tv2u international limited

The Australian app Karaoke2U has taken off, page-2

First 2 Last

Share
Profile

Follow
thermocouple

1,622 Posts.

412

18/07/16

20:16

Post #: 18301226
Share

Originally posted by stock2016 ↑

http://www.*.com.au/the-australian-app-karaoke2u-has-taken-off-2016-7

The Australian app Karaoke2U has taken off

Karaoke2U, an Australian-developed app which allows you to play, record and share your karaoke efforts, is being download at a rate of more than 1000 a week.

And the company behind the app, TV2U, an aggregator of video and gaming content, says Karaoke2U has started to earn revenue following its launch on Google Play and the Apple Store.

A short time ago, TV2U shares were trading at $0.031, up 6.9%.

The app has been launched across Malaysia, Thailand, Australia and New Zealand with more than 3,000 subscribers currently. Subscriber growth is about 1,000 every week.

“The quality, versatility and dynamic user friendly content on our App has been endorsed by the thousands of users who have already downloaded the App as part of our soft launch,” says TV2U CEO Nick Fitzgerald.

“We couldn’t have predicted how quickly Malaysia embraced Karaoke2U with almost 2000 registered users in under two weeks, with minimal marketing.”

The conversion rate from download to paid subscriber is 28%, significantly above the average for mobile apps of 1% to 2%.

TV2U, which did a backdoor ASX listing last year via Galicia Energy Corporation, last month completed a $1.94 million equity raising with institutional, professional and sophisticated investors

Expand

Another couple of recent articles.

http://satnews.com/story.php?number=59682237&menu=1

http://www.screenafrica.com/page/news/new_med/1659275-tv2u-preview-at-IBC-2016#.V4yrA49OKP8

Both pretty much saying the same thing but great to get media coverage and also give a good information about what services tv2u provides

TV2 Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BUX

Buxton projects new graphite province discovery at WA Narryer play

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

There are more pages in this discussion • 10 more messages in this thread...

First 2 Last

Add TV2 (ASX) to my watchlist

The Australian app Karaoke2U has taken off, page-2

Top Stories

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Buxton projects new graphite province discovery at WA Narryer play

BCI reaches close of funding facility for salt-first part of Mardie project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Featured News