Investing in Japan
Latest Updates Voice platform App Ximalaya FM establishes Japanese corporation
Jan 09, 2018
Shanghai Zhengda Ximalaya Network Technology Co., Ltd. is a Chinese company that develops and manages Ximalaya FM, a voice platform application through the Internet. The app has more than 100 million voice contents (over 60,000 voice contents on Japanese application) and 400 million people registered. It is one of the largest app in China in the field and users can listen to audio books, "rakugo", Japanese verbal entertainment, and language content for free through various devices such as smartphones.
In March 2017, the company established Ximalaya Japan Co., Ltd. in Shibuya, Tokyo and began operating a voice platform to provide Japanese audio content for Japanese users. Japan is the first country of the company to operate in outside of China. The Japanese version of the app "Himalaya" (Service for Android/iOS) became available in September 2017. In the future, they will provide audio content for a wide range of categories including major publishing houses, entertainment offices and key opinion leaders (KOLs). They aim to secure three million registered users within the year.
For the establishment of its Japanese base, the JETRO Invest Japan Business Support Center (IBSC) provided temporary office space and consultations on labor and legal matters.