Agoracom Blog

CLIENT FEATURE: Peeks Social $PEEK.ca Live Streaming With $2.1M In Quarterly Revenue / 6.5M User Sessions

Posted by AGORACOM-JC at 12:54 PM on Friday, January 4th, 2019
PEEK: TSX-V

WHAT IS PEEKS?

Peeks is a live streaming platform where people can interact and transact in real time by sending cash tips as appreciation for content and or selling goods and services to their live viewers.

HIGHLIGHTS

  • Platform generated gross revenue of $2.1 million during Q2 2019, up from $1.3 million during Q2 2018;
  • User sessions were 6.50 million for the three months ended August 31, 2018, as compared to 4.63 million for the three months ended August 31, 2017 (and as compared to 6.20 million for the three months ended May 31, 2018).

The Shifting landscape

  • Digital marketing spend is projected to grow from $57.3B USD in 2014 to $103.4B USD in 2019
  • Viewers spend 8x longer with live video than on demand:  42.8 min vs. 5.1 min       
  • Live video is outpacing growth of other types of online video with 113% increase in add growth yearly   
  • 100,000,000 internet users watch online video everyday
  • By 2019 online video will be responsible for 80% of global internet traffic.
  • In the U.S. online video will be responsible for 85% of domestic US traffic

Hub On AGORACOM

FULL DISCLOSURE: Peeks Social is an advertising client of AGORA Internet Relations Corp.

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