Lizhi Inc. - LIZI STOCK NEWS

LIZHI INC. (NASDAQ: LIZI), an audio-based social and entertainment company, has been named one of Guangzhou's “Top 30 Cultural Enterprises” for 2022. The recognition was made at the Guangzhou Cultural Industry Fair Think Tank Forum, where LIZHI was evaluated on criteria including scaling potential, social benefits, and innovation capability. Additionally, LIZHI received awards from the Guangdong Internet Audiovisual New Media Association and was recognized among the “Top 10 Most Recognized Companies” in the Guangdong Internet Audiovisual Industry. The LIZHI App was also honored as a leading brand in the industry.

LIZHI INC. (NASDAQ: LIZI) announced its unaudited financial results for Q4 and fiscal year 2022, reporting a net revenue of RMB587.6 million (US$85.2 million) for Q4, a 5% increase from Q4 2021. For the full year, revenues were RMB2,185.3 million (US$316.8 million), up 3% year-over-year. Despite a decrease in average mobile MAUs and monthly paying users, net income surged to RMB31.4 million in Q4, a 252% increase year-over-year. The company achieved a gross margin of 33% for the fiscal year, up 400 basis points from the previous year, and maintained profitability for five consecutive quarters.

LIZHI INC. (NASDAQ: LIZI) has launched its voice chatbot, Xiao Zhi, on the LIZHI App, enhancing user interaction through intelligent voice chat. Built on advanced AI technologies, Xiao Zhi utilizes Automatic Speech Recognition (ASR) and Natural Language Processing (NLP) to convert vocal inputs into text, analyze it, and provide voice responses. This integration aims to enrich the user experience by facilitating conversational interactions.

Additionally, the TIYA App has also introduced a similar feature, TIYA Bot, powered by OpenAI's models. LIZHI plans to further develop AI technologies to expand applications and improve chatbot functionalities.

LIZHI INC. (NASDAQ: LIZI), an audio-based social and entertainment platform, announced it will report its fourth quarter and fiscal year 2022 financial results on March 16, 2023, before U.S. markets open. An earnings call will take place at 7:00 AM ET the same day, allowing participants to register 20 minutes prior. This call will be accessible via a live webcast and recorded for later access on the company's investor relations website. LIZHI aims to create an audio ecosystem that connects users through entertainment and social networking.

LIZHI INC. (NASDAQ: LIZI) has announced the launch of the "TIYA Bot," a chatbot powered by OpenAI's GPT-3 API, enhancing its global TIYA App. This feature allows automated responses and online dialogue for a select group of users, with plans for broader access in the future. The TIYA team will focus on optimizing the GPT-3 model and integrating voice AI technologies like ASR and TTS to enrich user interaction. LIZHI continues to develop cutting-edge technologies in audio entertainment and social networking, aiming to create a comprehensive audio ecosystem that connects users globally.

LIZHI INC. (NASDAQ: LIZI), a leader in audio-based social entertainment, has launched an enhanced AI-powered online chatbot demo featuring voice AI and speech recognition technologies. This upgrade utilizes Automatic Speech Recognition (ASR) and Text-to-Speech (TTS) technology to enable automated voice dialogues, improving interactive audio experiences for users. The company plans to further research natural language processing (NLP) to expand the application of its voice AI in various audio products, enhancing user interaction and engagement within its audio ecosystem.

LIZHI INC. (NASDAQ: LIZI), a leader in audio-based social and entertainment, announced advancements in natural language processing (NLP) with the development of an AI-powered online chatbot.

This chatbot aims to enhance users' experiences in social audio and interactive entertainment by integrating into LIZHI's product matrix.

Furthermore, LIZHI plans to add features such as Automatic Speech Recognition (ASR) and Text-to-Speech (TTS), ultimately aiming for a voice-based chatbot capable of automated voice dialogue.

LIZHI envisions a rich, personalized audio experience through ongoing technological innovations.

LIZHI INC. (NASDAQ: LIZI) announces advancements in its AI-powered voice technology, integrated into its real-time communication solution, DOREME. The company aims to enhance user experience by incorporating AI capabilities such as voice changing, echo cancellation, and noise reduction. LIZHI is also focusing on AI-generated content (AIGC) and language processing technologies to broaden the applications of these innovations in its products. With years of technological expertise, LIZHI seeks to drive product innovation and empower users while creating diverse content.

GUANGZHOU, China, Jan. 17, 2023 – LIZHI INC. (NASDAQ: LIZI) released a shareholder letter from CEO Jinnan (Marco) Lai, reflecting on the company's journey since its Nasdaq listing three years ago. Despite challenges in 2022, LIZHI achieved profitability for four consecutive quarters, emphasizing operational efficiency through advanced technology platforms like Voice Cloud and Star Analytics. The company aims to enhance its audio entertainment ecosystem while maintaining transparency and a focus on innovation. Moving into 2023, LIZHI anticipates ongoing challenges but aims to achieve sustainable growth and lower operating costs while enriching its user offerings.