PicsArt Photo Studio

China's Largest K12 Online Education Platform Zuoyebang Sees 390% Surge in Paid Users This Summer

Retrieved on: 
Monday, September 7, 2020

Zuoyebang continues to lead China in paying course students, growth rate and scale of users, while its student acquisition costs are the lowest in China's online education industry.

Key Points: 
  • Zuoyebang continues to lead China in paying course students, growth rate and scale of users, while its student acquisition costs are the lowest in China's online education industry.
  • To date, Zuoyebang has reached over 50 million total daily active users and 170 million monthly active users across its suite of mobile education apps.
  • As the largestK12 online education platform in China, Zuoyebang offers a comprehensive suite of services including the Zuoyebang Super App, Zuoyebang Live Courses App, Zuoyebang Oral Arithmetic App.
  • Zuoyebang currently has over 800 million users registered in total, with over 50 million daily active users and over 170 million monthly active users.

PicsArt Acquires Motion-Based Video Effects Company D’efekt

Retrieved on: 
Wednesday, July 22, 2020

PicsArt , the worlds largest visual creative platform, today announced that it has acquired advanced video effects company D'efekt for an undisclosed sum.

Key Points: 
  • PicsArt , the worlds largest visual creative platform, today announced that it has acquired advanced video effects company D'efekt for an undisclosed sum.
  • The female-led startup has been featured as an Apple App of the Day various times and offers motion-based video effects including light illusions, music responsiveness, and fractal motion-activation.
  • Were thrilled theyll be joining us as we continue to build the creative platform of the future, said Hovhannes Avoyan, founder and CEO of PicsArt.
  • The Defekt appwhich will be rebranded to include the PicsArt name over the next few weeksadds to PicsArts suite of powerful visual editing apps, including the all-in-one PicsArt photo and video-editing app on web and mobile.

PicsArt Launches AI-Powered Music for Its All-in-One Photo & Video Editor

Retrieved on: 
Tuesday, June 2, 2020

Like a movie score composer, this effect helps determine the unique mood of a video, producing a soundtrack molded to fit.

Key Points: 
  • Like a movie score composer, this effect helps determine the unique mood of a video, producing a soundtrack molded to fit.
  • With this tool, PicsArt becomes the first editing app to integrate generative AI music.
  • Songs have no duration limit and will never be replicated, giving creators a unique and distinctive sound for every single video.
  • With more than 150 million monthly active creators, the PicsArt community creates, remixes and shares nearly 1 billion images every month.

Granulate Secures $12M in Series A Funding

Retrieved on: 
Wednesday, April 22, 2020

The Series A round brings total capital raised to date to $15.6 million.

Key Points: 
  • The Series A round brings total capital raised to date to $15.6 million.
  • Granulate solves the trade-off between quality of service and costs, providing customers improved results in both by significantly improving performance," said Asaf Ezra, Co-founder and CEO of Granulate.
  • PicsArt, a leading mobile social image and video editing app, achieved significant cost reduction using Granulate.
  • Unlike existing products, Granulate's patent-pending next-generation solution provides agnostic deep infrastructure and workload optimization for robust performance and cost improvements.

PicsArt Hires Two New Executives as it Reaches ‘Top 20 Most Downloaded App in the World’ Status Three Quarters in a Row

Retrieved on: 
Wednesday, December 4, 2019

The former Eventbrite and YouTube executives, respectively, join the company as it reaches #15 most downloaded app worldwide status with more than 50 million downloads in Q3 alone.

Key Points: 
  • The former Eventbrite and YouTube executives, respectively, join the company as it reaches #15 most downloaded app worldwide status with more than 50 million downloads in Q3 alone.
  • Patel, previously VP of Strategy and Operations for Eventbrite, will lead corporate and business development for PicsArt.
  • Prior to PicsArt, Hu led teams at Smule and YouTube around creative operations, original programming, content creation and monetization.
  • PicsArt is the world's largest creative platform and all-in-one photo and video editing app with 140 million monthly active creators.

NS1 Announces 80% Annualized Growth in 1H 2019 Driven by New Products and Services

Retrieved on: 
Wednesday, July 31, 2019

The company received a 100% satisfaction rating for customer support and services and also experienced less than 3% annualized churn among enterprise accounts.

Key Points: 
  • The company received a 100% satisfaction rating for customer support and services and also experienced less than 3% annualized churn among enterprise accounts.
  • Within the first month of launch, NS1 secured its first major sale of the Enterprise DDI platform to a global gaming company.
  • Other customer wins include dynamic content management platform Amplience, edge services provider Macrometa and social-based image editing tool PicsArt.
  • With a strong and tenured background in business strategy, sales and operations, he will lead NS1s growth in the region.

PicsArt Unveils Most Uploaded, Edited & Socially Shared Celebrities of 2018

Retrieved on: 
Wednesday, December 19, 2018

SAN FRANCISCO, Dec. 19, 2018 /PRNewswire/ -- PicsArt , the world's largest creative platform with more than 100 million monthly active users and influencers, today announced the release of its inaugural "Year in Review" infographic featuring the most uploaded, edited, and socially shared celebrities trending on social media in 2018!

Key Points: 
  • SAN FRANCISCO, Dec. 19, 2018 /PRNewswire/ -- PicsArt , the world's largest creative platform with more than 100 million monthly active users and influencers, today announced the release of its inaugural "Year in Review" infographic featuring the most uploaded, edited, and socially shared celebrities trending on social media in 2018!
  • The top 10 lists were developed based off insights from PicsArt's user upload and edit trend data between January 1, 2018-December 1, 2018.
  • "PicsArt has thousands of fandoms and interest groups spotlighting everything from celebrities and models to bands and brands, comic book heroes, and more," said Hovhannes Avoyan, founder and CEO of PicsArt.
  • "Pulling our top trending celebrities by year end is a fun way to see which celebrities had stronger fandoms and creative enthusiasts.

PicsArt Opens AI Lab in Moscow; Collaborates with Moscow Institute of Physics and Technology for R&D

Retrieved on: 
Thursday, October 11, 2018

SAN FRANCISCO, Oct. 11, 2018 /PRNewswire/ -- PicsArt , the leading creative platform and app for social storytelling, today announced that it has opened the PicsArt AI Lab in Moscow.

Key Points: 
  • SAN FRANCISCO, Oct. 11, 2018 /PRNewswire/ -- PicsArt , the leading creative platform and app for social storytelling, today announced that it has opened the PicsArt AI Lab in Moscow.
  • The Lab will enable the company to further its leadership in AI and Machine Learning and identify new and innovative uses for the tech.
  • The company plans to make a significant investment to hire the best AI talent in the region.
  • Funds will also go toward R&D in partnership with the Moscow Institute of Physics and Technology (MIPT), one of the world's leading universities in this space.

PicsArt Showcases its Breakthrough AR Camera Experience for Thousands of Fans at KCON 2018 LA

Retrieved on: 
Friday, August 10, 2018

PicsArt is an official media partner for KCON 2018 LA.

Key Points: 
  • PicsArt is an official media partner for KCON 2018 LA.
  • Live Stickers, which incorporates PicsArt's leading-edge artificial intelligence, is the first in a series of features that will use Apple's AR Camera technology.
  • "We're very excited to showcase this 'remix' of two awesome technologies at KCON," said Hovhannes Avoyan, CEO and founder of PicsArt.
  • The convention launched in 2012 with over 10,000 fans attending and has more than doubled annually since to over 128,000 fans.

PicsArt Hires COO to Lead Exponential Growth of Next-Generation Social Media Editing Platform

Retrieved on: 
Wednesday, July 25, 2018

Nam was instrumental in driving Viki's targeted international growth and subsequent acquisition by Japanese e-commerce giant Rakuten in late 2013.

Key Points: 
  • Nam was instrumental in driving Viki's targeted international growth and subsequent acquisition by Japanese e-commerce giant Rakuten in late 2013.
  • "PicsArt serves an important need for easy image editing that millions of users rely on each month.
  • Fueled by double-digit user growth and strong revenue momentum, PicsArt is well positioned to become the next impactful brand in social media," said Omar Hamoui, Partner at Sequoia Capital and PicsArt board member.
  • PicsArt is the world's largest creative platform for social media editing with more than 100 million monthly active users and influencers.