SINGAPORE, Jan. 9, 2023 /PRNewswire/ -- NP Inc, a KOSDAQ Metaverse Contents solution provider is joining hands with Singapore-based interactive video technology solutions leader, BeLive Technology to conceptualize an immersive shopping experience using extended reality technology.
The joint partnership will see both parties develop a virtual shopping environment that will allow brands to create more realism in their shoppable videos or live commerce environment. The technology allows brands to showcase products with more realism. This latest collaboration will continue solidifying BeLive's reputation as the leading provider of reliable, powerful, and engaging video commerce solutions.
A screengrab of an extended reality live stream or video (Source: NP Inc.)
BeLive has powered live shopping features for global businesses such as Trendyol, ZALORA, and Grab. Its interactive video commerce SaaS solution, LORA, exists for businesses to curate, moderate, and manage their video content and live streams directly on their website, allowing for more personalized online engagement, immersive virtual experience, and immediate interactivity.
Meanwhile, NP is one of the most representative Metaverse Contents Solution Companies based on XR Production Technology in South Korea. NP's 'XR Meta Commerce Solution' is an innovative shopping solution with XR Technology to Live Commerce Production. It replaces physical sets with virtual ones and real-time rendering allows more interactive and intuitive product explanations which can provide advanced shopping experience.
Kenneth Tan, CEO and Co-Founder of BeLive Technology shares, "We are very excited to bring NP Inc's breakthrough extended reality technology to BeLive's Live and Video Commerce capabilities. Our clients will now be able to create their own virtual shopping environment to capture the attention of the audience. Products can now be showcased with realism for consumers to better understand the product before purchasing."
Song, Bang Ho, CEO of NP states, "Market share of Southeast Asian E-commerce is 61.4% of the entire global e-commerce market and it is still growing fast. I'm very glad that we can present our 'XR Meta Commerce Solution' to this important market. With BeLive Technology, we will collaborate to open up a new era for better, advanced shopping experience for everyone."
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About BeLive Technology
BeLive Technology is the leading provider of customized live video streaming solutions, in Southeast Asia and beyond. BeLive Technology's live streaming product suites are built to be high-definition, secure, fast, adaptable to any network, and fully customizable. From live shopping technology that allows for instant checkouts to interactive live entertainment that brings virtual events closer to audiences, BeLive Technology employs advanced Artificial Intelligence and Machine Learning to revolutionize the way people connect online and empowers businesses with valuable data insights such as live sentiment analysis. Live video solutions dedicated to helping companies build genuine connections with customers around the globe.
Since 2016, BeLive Technology has been the trusted livestream partner for enterprises of all sizes, with some of its notable clients including Rakuten, Zalora, Trendyol, Grab, Mediacorp, Samsung, M1, and Tumi. To learn more, please visit https://belive.technology/.
About NP Inc
NP Inc. is a Meta Contents Creative Group in South Korea. NP has presented numerous global mega events since 2006 including the 2018 PyeongChang Winter Olympic Opening & Closing Ceremony, Samsung Galaxy Unpacked Events and etc.
NP launched the biggest XR stage in 2021 for the first time in Korea and presented many XR contents for the most representative companies in Korea including SM entertainment, AOMG, Samsung and many more. NP Inc. was listed on KOSDAQ in 2021. For more information, please visit https://www.youtube.com/@npinc.
Source: BeLive Technology Pte Ltd