Lizhi Announces Podcast Launch On Tencent's WeScenario

  • Chinese online UGC audio community and interactive audio entertainment platform Lizhi Inc LIZI announced its vertical podcast platform, LIZHI Podcast, has officially launched on Tencent Holdings Ltd's TCEHY WeScenario in-car platform.
  • Tencent's WeScenario is a light, app-based Internet of Vehicles (IoV) ecosystem that provided a set of native application frameworks particularly tailored for driving scenarios by leveraging WeChat Mini Programs.
  • WeScenario relied on cloud-based updates, which did not require download and installation. It quickly transmitted Internet services and content to vehicles, helping LIZHI Podcast's audio content smoothly and rapidly stream for improved 'in-car digital experience.
  • Price action: LIZI shares traded higher by 5.37% at $6.47 in the market session on the last check Wednesday.
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