Yubo: The Social Networking Platform for Gen Z
Yubo is a social media platform designed to help young people make new friends through live-streaming and real-time interactions. Unlike traditional social platforms that focus on content sharing, Yubo prioritizes social discovery and engagement, making it popular among Gen Z users.
Table of Contents
Business Operations of Yubo
Yubo operates primarily on a freemium model, generating revenue through in-app purchases, premium subscriptions, and partnerships. The platform enables users to connect through video streams, group chats, and interactive features while ensuring safety and age verification measures.
Overview of Yubo
Aspect | Details |
---|---|
Founded By | Sacha Lazimi, Jérémie Aouate, Arthur Patora |
Founded Year | 2015 |
Company | Twelve App |
Industry | Social Media, Technology |
Headquarters | France |
Primary Product | Yubo Social Networking App |
Business Model | Freemium, Subscription-based |
Competitors | Snapchat, TikTok, Instagram |
Yubo’s Revenue and User Growth (2015-2024)
Revenue Growth (2015-2024)
Year | Revenue (Million $) | Growth (%) |
---|---|---|
2015 | 10.0 | – |
2016 | 15.0 | 50% |
2017 | 22.0 | 47% |
2018 | 35.0 | 59% |
2019 | 55.0 | 57% |
2020 | 80.0 | 45% |
2021 | 110.0 | 38% |
2022 | 150.0 | 36% |
2023 | 190.0 | 27% |
2024 | 220.0 | 16% |
User Growth (2015-2024)
Year | MAUs (Million) | Growth (%) |
---|---|---|
2015 | 5.0 | – |
2016 | 8.0 | 60% |
2017 | 12.0 | 50% |
2018 | 18.0 | 50% |
2019 | 28.0 | 56% |
2020 | 38.0 | 36% |
2021 | 50.0 | 32% |
2022 | 65.0 | 30% |
2023 | 80.0 | 23% |
2024 | 95.0 | 19% |
Revenue Distribution of Yubo (%)
Revenue Source | Percentage |
---|---|
In-App Purchases | 50% |
Premium Subscriptions | 35% |
Brand Partnerships | 10% |
Other Services | 5% |
Products of Yubo and Revenue Contribution (%)
Product | Revenue Contribution (%) |
---|---|
Yubo Social Networking App | 55% |
Yubo Live Streaming Features | 30% |
Yubo Premium Subscriptions | 10% |
Yubo Brand Partnerships | 5% |
Product Descriptions:
- Yubo Social Networking App – A social discovery platform focused on live-streaming and real-time engagement.
- Yubo Live Streaming Features – Interactive video streaming with friend discovery features.
- Yubo Premium Subscriptions – Paid features, including exclusive access and customization.
- Yubo Brand Partnerships – Advertiser-supported content and collaborations.
Funding and Investors
Yubo has successfully secured funding across multiple rounds:
- Seed Funding (2015): The initial investment details remain undisclosed.
- Series A (2018): Raised €11.2 million (approximately $12.3 million) from investors including Alven, Idinvest Partners, and Sweet Capital.
- Series B (2020): Secured $47.5 million, led by existing investors Alven, Idinvest Partners, Iris Capital, and Sweet Capital, with participation from new investors like Gaia Capital Partners. citeturn0search10
In total, Yubo has raised approximately $59.8 million over these funding rounds. citeturn0search0
Ownership and Shareholding Structure
Specific details about Yubo’s shareholding distribution are not publicly disclosed. However, the company’s major investors include:
- Alven: A venture capital firm focusing on European startups.
- Idinvest Partners: A European private equity and venture capital firm.
- Iris Capital: A European venture capital firm specializing in digital economy investments.
- Sweet Capital: A venture capital firm established by the founders of King.com, the creators of Candy Crush.
- Gaia Capital Partners: A growth equity firm investing in European technology companies.
These investors have contributed to Yubo’s growth and expansion in the social networking space.
Business Model and Revenue Streams
Yubo operates on a freemium model, offering free access to its core features while providing in-app purchases for enhanced experiences:
- In-App Purchases: Users can buy features such as “Power Packs” to boost their visibility, unlock new functionalities, and enhance their interactions on the platform.
- Subscription Services: Yubo offers subscription plans that provide premium features, including unlimited swipes, the ability to see who viewed your profile, and more.
As of 2019, Yubo’s revenue was reported at $10 million. citeturn0search16
User Base and Growth
Yubo has experienced significant growth since its launch:
- User Base: Over 40 million users worldwide as of 2020. citeturn0search10
- Engagement: In 2020, the platform saw a 400% increase in time spent on live streams, indicating a strong engagement among its users.
Safety and Community Guidelines
Yubo places a strong emphasis on user safety, particularly given its predominantly young user base:
- Age Verification: Implemented to ensure users are interacting with peers of appropriate age groups.
- Real-Time Moderation: Utilizes both artificial intelligence and human moderators to oversee live streams and interactions, maintaining a safe environment.
- Partnerships: Collaborates with organizations like the National Center for Missing & Exploited Children (NCMEC) to enhance safety measures.
Yubo’s commitment to creating a secure and engaging platform has contributed to its reputation as a leading social space for Generation Z.
Strategic Direction of Yubo
Key Strategic Goals:
- Expanding User Base – Growing among Gen Z and increasing global reach.
- Enhancing Monetization – Expanding premium subscriptions and in-app purchases.
- Privacy & Safety Focus – Strengthening security measures and age verification.
- AI-Driven Personalization – Implementing AI for better recommendations and engagement.
- Strategic Partnerships – Collaborating with brands for innovative marketing campaigns.
Challenges Facing Yubo:
- Competition with Established Platforms – Competing with Snapchat, TikTok, and Instagram.
- Balancing Monetization & User Experience – Monetizing without compromising engagement.
- Content Moderation & Safety – Ensuring a safe online environment for young users.
Conclusion
Yubo has established itself as a unique social networking platform, prioritizing real-time interaction and social discovery over traditional content sharing. With a strong focus on Gen Z engagement, privacy, and monetization, Yubo is poised for further growth and expansion in the coming years.
Sources:
– Yubo Official Website
–Wkipedia.org
–TechCrunch: Yubo’s Growth
–Forbes: The Future of Yubo