LIZHI Launches its Audio Product on Huawei Mobile Services for Car

Rhea-AI Summary

LIZHI INC. (NASDAQ: LIZI), a leading audio community platform in China, has launched its audio product on Huawei Mobile Services (HMS) for Car. This integration enables LIZHI to reach a wider audience by leveraging Huawei's in-car cloud service capabilities, which combines AI technology with content delivery. CEO Jinnan Lai expressed excitement about enhancing user experiences with LIZHI’s audio library. The company seeks to expand its presence in the in-car audio market through future collaborations.

Positive

• Launch of LIZHI's audio product on Huawei HMS for Car enhances visibility and access to a broader audience.
• Potential for future collaborations to expand into the in-car audio market, increasing brand reach and user engagement.

Negative

• None.

GUANGZHOU, China, Dec. 14, 2020 (GLOBE NEWSWIRE) -- LIZHI INC. (“LIZHI” or the “Company”) (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, today announced that its audio product has been launched in the form of Quick App on Huawei Mobile Services (HMS) for Car.

HMS for Car is a smart in-car cloud service solution built by Huawei Terminal Cloud Services, including applications of Huawei Intelligent Assistant, Huawei App Market, Huawei Quick App, Huawei Music, Huawei Video, My Car, etc. HMS for Car, which is based on the capability of Huawei Mobile Services, provides users with rich content and services by combining Huawei’s AI engine with its ecological resources, thereby synergizing numerous tools that evolve into an intelligent terminal on automobiles with interactive and service capabilities.

Mr. Jinnan (Marco) Lai, Founder and Chief Executive Officer of LIZHI, said, “We are excited about the opportunity to collaborate with Huawei’s HMS for Car and to bring our premium contents to a broader audience. With the launch of LIZHI’s product on HMS for Car, we may be able to integrate comprehensive content library and leading-edge audio technologies with strong operating capabilities in audio-centric communities to bring rich listening and entertainment experiences to HMS for Car users, and tapping into a broad and tech-savvy consumer base. In the future, we will continue our efforts on exploring the in-car audio market through collaborating with leading companies in the sector and further expanding audio use scenarios to create interactive and immersive audio experiences.”

About LIZHI INC.
LIZHI INC. is a leading online UGC audio community and interactive audio entertainment platform in China, with a mission to enable everyone to showcase vocal talent. The Company is aiming to bring people closer together through voices. Since the launch of its Lizhi app in 2013, LIZHI has cultivated a vibrant and growing community encouraging audio content creation and sharing. Now LIZHI is an audio wonderland offering a wide range of podcasts and audio entertainment products and features, including audio live streaming and various interactive audio social products, empowering users to enjoy an immersive and diversified entertainment experience through audio. LIZHI envisions a global audio community – a place where everyone can create, share and connect with each other through voices and across cultures.

For more information, please visit: http://ir.lizhi.fm

Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may”, “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the Securities Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

In China:
LIZHI INC.
IR Department
Tel: +86 (20) 3866-4265
E-mail: ir@lizhi.fm

The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: Lizhi@tpg-ir.com

In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: Lizhi@tpg-ir.com

FAQ

What recent product launch did LIZHI INC. announce?

LIZHI INC. announced the launch of its audio product on Huawei Mobile Services for Car.

How does LIZHI's partnership with Huawei benefit users?

The partnership allows users to access a rich content library and enjoy enhanced audio experiences in cars.

What is the significance of LIZHI's product launch in the audio market?

The launch enhances LIZHI’s visibility in the audio market and opens opportunities for collaboration with other companies.

What are the future plans of LIZHI INC. regarding in-car audio?

LIZHI plans to explore the in-car audio market further by collaborating with leading companies in the sector.