UMeWorld (OTCQB: UMEWF) China’s Domestic answer to Youtube?
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Point Roberts WA - June 4, 2013 (Investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors, including tech and social media stocks, reports on UMeWorld Limited (OTCQB:UMEWF) and the opportunity for digital content and social media within China.
According to USC U.S.-China Institute, China, just ten years ago had an Internet population of roughly 22.5 million before Facebook and Twitter had even been conceived. Today it has the largest Internet population of any country and has made its presence felt in the Internet space. In all aspects of the Internet – online gaming, micro blogging, search engines, e-commerce, content regulation, Internet governance, international domain names – China is both changing and being changed by the Internet.
Twitter, YouTube and Facebook (NASDAQ: FB) are banned in China but internet users are aware of the sites and would welcome domestic alternatives. Is a Youtube like site relevant, especially regarding the massive changes regarding the People’s Republic of China’s internet censorship policies ?
If you can’t answer that question you were missing from the last decade of internet growth in the North America. Youtube, though mostly used for illegal video clips, movie trailers, idiotic videos of self proclaimed fame and other such miscellaneous nonsense is still a major facet of North American life and has influenced every country it has touched. News channels such as CNN and CNBC used Youtube videos for news commentary and easy access. This is now a journalism tool as well as a tool for the casual society member whether you are starting an upheaval in Egypt or showing a funny video of your cat. Youtube is influential and this cannot be denied. So is a Youtube like replica created for China’s very specific legislative rulings worth more than a casual glance?
There are of course rivals. As in North America Yourtube has Dailymotion and Vimeo, Ume has other Chinese competitors, however this company has hit the ground running being one of the newest and most North American/ Chinese integrated of video platforms available to China.
So why is this small start up company worth notice? To get a better idea of what this company provides and why, without emphasizing the obvious name recognition related to Youtube (Ume Look), check out Ume at http://v.umelook.com/ to get a better idea of this company’s North American/Chinese integration strategy.
UMeWorld's mission is to facilitate the interaction between people -- "You" and "Me," through its digital platform. Currently, UMeWorld operates UMeLook (www.umelook.com), an online video platform focused on bringing foreign video content to China. UMeLook is deployed through a sophisticated CDN (Content Delivery Network) with broad coverage throughout mainland China, Hong Kong & Taiwan. UMeLook plans to be a source of foreign video content for the Chinese viewer across any Internet-enabled device in China. UMeWorld intends to focus its future operations on digital media and the digital education market.
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