Ought to Traders Take a Second Look?

It’s not usually that you just hear of share costs greater than doubling in a brief house of time.

However that’s what occurred with 17LIVE Group (SGX: LVR).

The live-streaming firm noticed its share worth leap by 170% in just a bit below two months, going from S$0.43 to the present S$1.16.

Ought to buyers sit up and listen? Can the corporate’s share worth proceed to outperform?

Learn on as we dig deeper into 17LIVE’s enterprise and prospects.

Transient background of 17LIVE

17LIVE is a pure-play live-streaming platform in Japan and Taiwan.

The group’s enterprise divisions embody Liver live-streaming, V-liver live-streaming, and in-app video games and reside commerce.

Liver and V-liver contain using influencers who create digital, digital avatars by way of 17LIVE’s app and broadcast this to their followers.

The group then earns income from items and gadgets bought by followers (clients) for his or her favorite idols and influencers.

17LIVE was listed by way of a particular function acquisition firm (SPAC) again in…