Why Social Networking is a Must in Connecting People Around the Globe - ProShares S&P 500 Dynamic Buffer

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Ever since social media hit the internet scene more than 20 years ago, it has slowly become part of the world’s culture. It’s the best way to bridge societies in today’s world. In fact, it’s hard to find anyone in modern society that doesn’t have a Facebook (NASDAQ:FB), Twitter (NYSE:TWTR) or TikTok account to connect with other people on a deeper level.

Each social media site offers its own twist to get people to interact with each other, from words to pictures and videos. And while most people have heard of Instagram and the like, there’s another global social networking platform that’s a combination of video, audio, live-streaming and more — Newborn Town, Inc. (XHKG: 9911).

Introducing Newborn Town

Newborn Town is a fast-growing social media platform based in China, that has served over 1.3 billion users in more than 200 countries and regions — and has a global vision of unity. Its social product portfolio, including apps like MICO and YoHo, create a broad ecosystem of people from different cultures using video, voice-chat and live-streaming to enhance the networking experience. The network is especially popular in the Middle East, North America, Southeast Asia and South Asia, with its sights on spanning the rest of the world.

Using artificial intelligence (AI), the company can give its participants an efficient and impressive social experience tailored to individual personality

The innovative platform’s primary focus is to bring people together from all corners of the world and spread goodwill to make this planet a better place to live. Newborn Town’s value philosophy is to remain humble while keeping the user experience positive and simple.

And, the company knows what it’s doing, given that the co-founder and CEO Ping Li has over 10 years of experience in AI. He was recognized as a Google Play Top Developer in China and listed as one of Forbes’ 30 Under 30 Asia.

The Future of Global Reach

On August 25, Newborn Town announced that the Company's total revenue reached RMB 1.04 billion for the 6 months ended June 30, 2021, representing a year-over-year growth of nearly 6-fold. Not only is Newborn Town’s profit margin expected to grow year after year, but the business has its sights on becoming a top social networking enterprise in the world and serving more users around the globe. It plans to attract people by linking them through a fantastic new online world full of creative ways to connect and learn about others who share this planet.

Social Networking is Here to Stay

The bottom line is this: most people feel the need to connect with others. They also want to learn about cultures in different places in a way that’s both interesting and fun, without leaving their homes. Giving clients that freedom is paramount to attracting them to certain social media apps.

As long as technology is in modern society, social networking platforms will exist to connect people and bring them closer together. And, providing an innovative and intelligent network to make the world a better place should be the goal of every platform.

Certainly, that’s true for Newborn Town. By keeping its goals simple and focused, the company can continue to thrive in a world that wants to connect on a deeper level over different cultures, countries and lifestyles.

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.

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