Spoon Radio

2021 Venture Social Media Raised $60,000,000
Industry
Social Media
Stage
Venture
Raised
$60,000,000

Company Overview

Spoons swift growth across more than ten countries in Asia, the Middle East, and recently the United States attracted venture capitals to invest in the streaming platform. The company received an impressive $59.6 million 70.5 billion won from investors such as SBI Investment, KB Investment, IMM Investment, and Naver.The startups aggressive global expansion saw user and revenue growth increase 300 percent and 400 percent, respectively, over the last year. Virtual item revenue from overseas markets now exceeds that from Korea.

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