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BeLive Holdings is a holding company with no material operations of its own. It conducts its operations of providing live commerce and shoppable short videos through its indirect wholly owned subsidiaries, BeLive Singapore and BeLive Vietnam. (Incorporated in the Cayman Islands)
Our mission is to be an industry leader in designing, developing and providing technology solutions for live commerce and shoppable short videos.
Our Operating Subsidiaries are BeLive Singapore, which was incorporated on June 18, 2014, under the laws of Singapore, and BeLive Vietnam, which was incorporated on June 16, 2021, under the laws of Vietnam, and which has been a wholly owned subsidiary of BeLive Singapore since incorporation. Through our Operating Subsidiaries, BeLive Cayman primarily engages in the development and provision of live commerce and shoppable short videos solutions.
Our Group’s history began in 2014 when we launched a social streaming mobile application with a focus on empowering users to share their lives while interacting with their audience in real time.
Recognizing a significant potential in e-commerce, we redirected our focus in 2018 towards business-to-business and providing live commerce and shoppable short videos solutions (“BeLive Solutions”) to international retail companies and e-commerce marketplaces. Our BeLive Solutions enable our customers to leverage the power of interactive and immersive live and video commerce to their online business and enable our customers to curate unique videos that may also be aired real-time as they are simultaneously being recorded, for anytime instant replay. We categorize our BeLive Solutions into(i) an enterprise-grade White Label solution (“BeLive White Label Solution”) which is customized to meet a customer’s unique requirements and which can be integrated into their existing internal system and (ii) a cloud-based software-as-a-service (SaaS) solution (“BeLive SaaS Solution”) for customers who are looking for a quick and cost-effective live commerce and shoppable short video solution without the necessity of building their own infrastructure and technology stack.
On June 9, 2023, as part of a reorganization prior to the listing, BeLive BVI acquired all of the shares of BeLive Singapore from FTAG Ventures Pte. Ltd, a controlling shareholder, Kenneth Teck Chuan Tan, and several other minority shareholders in exchange for shares of BeLive Cayman in the same proportion as their respective shareholdings in BeLive Singapore. Upon completion of such reorganization, BeLive Singapore became a wholly owned subsidiary of BeLive BVI.
Note: Net loss and revenue are in U.S. dollars (converted from Singapore dollars) for the 12 months that ended June 30, 2024.
(Note: BeLive Holdings cut its IPO’s size to 1.75 million shares – down from 3.0 million shares – and reduced the assumed IPO price to $4.00 – the bottom of its previous price range of $4.00 to $6.00 – to raise $7.0 million, according to an F-1/A filing dated Oct. 30, 2024.)
(Note: Unless otherwise noted, the share and per share information in this prospectus reflects a 5-for-1 reverse stock split (the “Reverse Split”) of our outstanding Ordinary Shares effective as of February 18, 2024.)
(Note: BeLive Holdings filed its F-1 on July 10, 2024, and disclosed the terms for its IPO: The Singapore-based company is offering 3.0 million shares at a price range of $4.00 to $6.00 to raise $15.0 million. Background: BeLive Holdings submitted confidential IPO documents to the SEC in December 2023.)
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