BEIJING, April 27, 2016 /PRNewswire/ -- Cheetah Mobile,
the world's leading mobile utility and security app developer,
hosted Cheetah Connect Summit, a mobile industry conference that
aims to form an open communication platform for app developers
around the world, and revealed two new initiatives: a data-driven
content strategy that will start with Toupai, a short video service
designed for online influencers and fans, and a new Cheetah
Robotics R&D and investment venture.
"Our 2016 strategy is very clear," said Cheetah Mobile CEO
Sheng Fu. "We'll use our utility
products as the entry point for mobile users, then add content
products to build a platform, increasing the engagement of our
users. At the same time, we'll use Cheetah Mobile's big data
analytics to create a strategic high-ground advantage to better
serve both our users and advertisers."
Cheetah Mobile's new three-year plan will capitalize on the
global content opportunities that have arisen from the mobile
internet. With a foundation of more than 635 million monthly active
users, Cheetah Mobile's big data platform will power new forms of
intelligent content discovery.
The first of these is Toupai, a next-generation social video
service which helps fans find their top idols, and online
celebrities find their #1 fans. Toupai, which you can preview today
at http://v.cmcm.com/, will focus first on the Chinese market with
an official launch event on May 20th.
Toupai is backed by PurpleCow Startup Fund, which will provide
entrepreneurship advice to its communities of online
influencers.
Alongside Cheetah Mobile's new content efforts, the company also
announced a major investment into the exciting field of robotics.
Cheetah Robotics will invest $50
million into deep learning and artificial intelligence
R&D. Cheetah Mobile CEO Sheng
Fu, who is personally investing in the venture, views the
field of robotics as the ultimate evolution of the mobile tools
category that Cheetah Mobile leads.
This rapid growth of the mobile internet industry around the
world sets the backdrop for Cheetah Connect Summit, taking place on
April 27 in Beijing. Providing a top-down view of the
mobile app industry, the summit hosted
more than 1,000 app developers and mobile industry
executives, with more than 100 media in attendance, including 20+
overseas media from the United
States, India, Korea, and
Taiwan. The event includes an
impressive speaker roster including "Sapiens: A Brief History of
Mankind" author Yuval Noah Harari;
Oculus VR co-founder and global virtual reality leader Jack McCauley, PurpleCow Startup Fund partner
Quanling Zhang, Inke CEO Yousheng
Feng, Cheetah Mobile CEO Sheng
Fu; and many others.
Also, at the summit, Cheetah Global Lab joined with App Insight
to issue the "Global App Development Report," examining global app
industry trends across multiple dimensions, including countries,
industries, and publishers. Cheetah Global Lab combined Cheetah
Mobile's big data insights and editorial recommendations to award
the top 50 fastest growing and most innovative apps so far in
2016.
Cheetah Mobile Senior Vice President and Cheetah Global Lab Dean
Jie Xiao announced the company's new App Insight product, "The
'Global App Development Report' provides extremely useful guidance
for app developers looking to head overseas. For instance, which
opportunities are left in developed markets like Japan, Korea, Europe, and the US? How did China's social video apps grow so quickly?
Which types of apps do users from emerging markets like
India and Russia use the most? The report answers each
of these questions."
Throughout 2015, Cheetah Mobile made substantial progress in
growing its international user base and monetizing its products. In
the fourth quarter of 2015, Cheetah Mobile brought in $174.9 million in revenue, growing overseas
revenue by over 343%. The company's monthly active users topped 635
million in the fourth quarter, with over 78% coming from outside of
China.
Cheetah Mobile President Ming Xu
said, "Setting an example for other mobile companies going
overseas, Cheetah Mobile hopes that the Cheetah Connect Summit
brings together the leading scholars, entrepreneurs, investors, and
global app developers to share our experiences and observations
from the global market."
Cheetah Connect Summit Details
Hosts: Cheetah Mobile, Cheetah Global Lab
Co-Hosts: GWC, 36Kr, SVIEF
Support: PurpleCow Startup Fund, CITIC Press Group, ZuiMei,
INTO, Tashanshi Thinktank
Media Partners: TMTpost, WoshiPM.com, PingWest, Sohu Tech,
Yidianzixun.com, Baijingapp.com, Blue Whale Media, QingTing FM,
Vhall.com, Caishi Mobile Video
Exclusive Live Video: Youku Finance, Youku Live
Official Vehicle: CAR Inc.
About Cheetah Mobile Inc.
Cheetah Mobile (NYSE: CMCM) is the world's leading mobile
security and utility app developer. Its flagship products include
Clean Master, the world's No. 1 cleaning app, and also CM Security,
the world's top anti-virus and privacy protection
app.
Cheetah Mobile is also one of the top three mobile game
developers in the world, with its mobile game Piano Tiles 2 having
reached the No. 1 ranking in more than 150 countries globally on
both iOS and Android.
Its other mission-critical applications include Battery Doctor,
CM Locker, Photo Grid, and more. In June
2015, Cheetah Mobile introduced the Cheetah Ad Platform to
the global market.
As of December 31, 2015, Cheetah
Mobile had approximately 2.34 billion global installations and 635
million global mobile monthly active users. Five of Cheetah
Mobile's products have entered the top 40 in Google Play's global
top app charts.
Press Contact
Josh Ong
press@cmcm.com
1.415.684.3947
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SOURCE Cheetah Mobile