<s>
Alongside	O
its	O
success	O
,	O
17LIVE	B-Algorithm
has	O
also	O
encountered	O
some	O
headwinds	O
throughout	O
the	O
years	O
.	O
</s>
<s>
17LIVE	B-Algorithm
now	O
is	O
the	O
#3	O
live	O
broadcasting	O
platform	O
globally	O
,	O
formed	O
by	O
its	O
flagship	O
live	O
stream	O
app	O
17LIVE	B-Algorithm
(	O
LIVIT	B-Algorithm
in	O
English	O
markets	O
)	O
,	O
MEME	O
Live	O
and	O
live	O
stream	O
e-commerce	O
platforms	O
HandsUP	O
and	O
OrderPally	O
.	O
</s>
<s>
17	B-Algorithm
Media	O
(	O
Now	O
17LIVE	B-Algorithm
)	O
was	O
founded	O
by	O
Jeffery	O
Huang	O
2015	O
in	O
Taiwan	O
.	O
</s>
<s>
In	O
2017	O
,	O
17	B-Algorithm
Media	O
closed	O
out	O
US$33M	O
in	O
series	O
B	O
round	O
to	O
merge	O
with	O
dating	O
software	O
Paktor	O
,	O
with	O
Joseph	O
Phua	O
(	O
Co-founder	O
of	O
Paktor	O
)	O
taking	O
over	O
the	O
leadership	O
of	O
17LIVE	B-Algorithm
as	O
CEO	O
and	O
Co-founder	O
,	O
as	O
well	O
as	O
to	O
enter	O
the	O
Japan	O
and	O
Hong	O
Kong	O
market	O
.	O
</s>
<s>
Within	O
one	O
year	O
,	O
17	B-Algorithm
Media	O
became	O
the	O
#1	O
market	O
leader	O
in	O
Japan	O
.	O
</s>
<s>
Despite	O
the	O
failed	O
IPO	O
attempt	O
,	O
the	O
company	O
continued	O
to	O
push	O
for	O
international	O
expansion	O
,	O
including	O
creating	O
‘	O
LIVIT’	O
for	O
the	O
English-speaking	O
markets	O
to	O
enter	O
US	O
,	O
India	O
,	O
and	O
North	O
Africa	O
.	O
</s>
<s>
In	O
2019	O
,	O
17	B-Algorithm
's	O
flagship	O
live	O
streaming	O
app	O
reached	O
10M	O
downloads	O
in	O
Japan	O
,	O
and	O
the	O
business	O
continues	O
to	O
push	O
for	O
both	O
organic	O
and	O
inorganic	O
expansion	O
.	O
</s>
<s>
With	O
the	O
buy-out	O
and	O
departure	O
of	O
founder	O
Jeff	O
Huang	O
,	O
the	O
parent	O
holding	O
company	O
M17	O
Entertainment	O
Limited	O
was	O
officially	O
renamed	O
as	O
17	B-Algorithm
LIVE	O
Group	O
.	O
</s>
<s>
In	O
2022	O
,	O
September	O
,	O
17LIVE	B-Algorithm
announced	O
Group	O
CEO	O
Hirofumi	O
Ono	O
steps	O
down	O
.	O
</s>
<s>
In	O
2023	O
,	O
March	O
,	O
17LIVE	B-Algorithm
announced	O
Alex	O
Lien	O
promoted	O
to	O
Global	O
CEO	O
.	O
</s>
<s>
To	O
celebrate	O
its	O
4th	O
anniversary	O
,	O
17LIVE	B-Algorithm
collaborated	O
with	O
Japanese	O
singer-songwriter	O
Ayumi	O
Hamasaki	O
,	O
who	O
led	O
the	O
17LIVE	B-Algorithm
4th	O
Anniversary	O
meets	O
Ayumi	O
Hamasaki	O
series	O
starting	O
October	O
18	O
,	O
2021	O
.	O
</s>
<s>
The	O
series	O
was	O
streamed	O
live	O
on	O
the	O
17LIVE	B-Algorithm
website	O
,	O
the	O
final	O
airing	O
on	O
November	O
11	O
.	O
</s>
<s>
When	O
asked	O
why	O
she	O
collaborated	O
with	O
17LIVE	B-Algorithm
as	O
a	O
producer	O
,	O
Hamasaki	O
commented	O
:	O
"	O
Although	O
the	O
world	O
has	O
become	O
like	O
this	O
(	O
during	O
COVID-19	O
)	O
,	O
I	O
believe	O
that	O
the	O
art	O
of	O
entertainment	O
can	O
give	O
people	O
dreams	O
,	O
hope	O
,	O
courage	O
,	O
and	O
strength	O
.	O
</s>
<s>
On	O
17LIVE	B-Algorithm
,	O
artists	O
(	O
LIVERs	O
)	O
are	O
able	O
to	O
broadcast	O
live	O
,	O
and	O
post	O
photos	O
and	O
videos	O
from	O
their	O
album	O
.	O
</s>
<s>
Today	O
,	O
17LIVE	B-Algorithm
has	O
46	O
thousands	O
contracted	O
artists	O
and	O
more	O
than	O
2.3	O
million	O
MAU	O
,	O
who	O
spend	O
44	O
minutes	O
on	O
the	O
platform	O
every	O
day	O
.	O
</s>
<s>
17LIVE	B-Algorithm
continues	O
to	O
advocate	O
content-driven	O
philosophy	O
and	O
delivers	O
diverse	O
topics	O
,	O
from	O
politics	O
and	O
music	O
to	O
entertainment	O
,	O
to	O
broaden	O
its	O
audience	O
groups	O
.	O
</s>
<s>
17LIVE	B-Algorithm
also	O
hosts	O
offline	O
flash	O
events	O
and	O
concerts	O
to	O
attract	O
new	O
users	O
and	O
support	O
LIVERs	O
better	O
connect	O
with	O
their	O
fans	O
.	O
</s>
<s>
17LIVE	B-Algorithm
has	O
over	O
700	O
employees	O
globally	O
.	O
</s>
<s>
In	O
the	O
past	O
,	O
17LIVE	B-Algorithm
has	O
encountered	O
some	O
regulatory	O
headwinds	O
with	O
reported	O
incidents	O
of	O
inappropriate	O
livestream	O
content	O
on	O
the	O
platform	O
.	O
</s>
<s>
Over	O
the	O
years	O
,	O
17LIVE	B-Algorithm
claims	O
to	O
have	O
put	O
in	O
tremendous	O
manpower	O
and	O
effort	O
into	O
improving	O
,	O
monitoring	O
and	O
maintaining	O
control	O
over	O
both	O
the	O
live	O
stream	O
content	O
and	O
the	O
KYC	O
procedures	O
and	O
systems	O
.	O
</s>
