YY Inc. (NASDAQ:YY) Q3 2019 Earnings Conference Call - Final Transcript
Nov 12, 2019 • 09:00 pm ET
Certainly. Ladies and gentlemen, we will now begin the question-and-answer session. [Operator Instructions] Our first question comes from the line of Thomas Chong from Jefferies.
And my second question is about our AI capabilities. Given that our AI capabilities is getting so strong right now in getting the user traction, retention and providing where we personalize content. Can management share about what other areas or how we can further strengthen our AI capabilities in 2020 to track more user growth and retention in domestic and overseas market? Thank you.
David Xueling Li
Thank you for your question. This is David. Firstly, in terms of our international strategy, we actually have been implemented our current international strategy about two years already. So if you look at our global product map, we actually had three major product, which is Likee, IMO and BIGO LIVE.
So if you look at the third quarter results, which has already demonstrated the very strong synergies between the three different platforms. So looking into next year, we were quite confident, firstly in terms of the IMO's strong support in terms of the short-form video content from Likee distribution, within the IMO's platform. And meanwhile, the social relationships within IMO, also will significantly help our further content distributions within the different platforms. And meanwhile, on the other side, the experienced -- monetization experience coming from BIGO LIVE, also will continue to help both IMO and Likee to further explore of the monetization opportunities.
So in summary, we truly believe the synergies between -- among all these three platforms, as well as we further exploring of the user's social relationship within of the three platforms, definitely, will continue to help us to grow our international business with the very prospectus future. Thank you.
I think, the second question, in terms of the AI development. So the major reason, why the companies are really focused on to develop the short-form video contents, because if you look at the nature of the short-form video platform, it actually has been embedded all different types of the AI-related technologies here. It could be divided by the three parts. The first one is relatively traditional, what we call the recommendation systems. So we use a -- continue to develop our personalized recommendation capability to further -- to recommend the more targeted content into the users.
Then the second part is content engine. So it is majorly focused on the how to better recognize explore, as well as re-editing of the different types of the content. And we truly believe that part of the technology will continue to develop, and we will