Tesla Chief Executive Officer Elon Musk / Photo = Reuters
Voice-based social media (SNS)’Club House’ is gaining worldwide popularity based on celebrities such as Elon Musk and Oprah Winfrey. As the clubhouse made a blast in the social media market, which was considered saturated, the stock market began to discover related stocks. Chinese IT companies that produce voice platforms used for clubhouses have soared 148% this year, and shares have soared with companies that are not affiliated with clubhouses but use the same name.
Clubhouse is a voice-based application that is attracting attention in the global SNS market. The operation method, which only requires an invitation to sign up, and a service that allows a large number of unspecified participants to chat together, attracted 6 million subscribers within 10 months of launch. Among the clubhouse’s enthusiastic users is Elon Musk, Tesla’s CEO. Musk criticized the short selling in the clubhouse voice conversation and drew attention every day by mentioning bitcoin. In Korea, former Minister of Small and Medium Venture Business Park Young-seon and Lee Seung-gun, Chairman of Viva Republica, began communicating with the public at the clubhouse.
Fast-growing technology stocks are the most preferred type of company in the global stock market since last year, but there is currently no way for Korean investors to directly invest in the clubhouse. This is because Alpha Exploration, which joins and operates the clubhouse, is unlisted. Alpha Exploration attracted $12 million Series A funding from renowned venture capitalist Andresen Horowitz last year. Clubhouse has not yet established a profit model, and the app service itself is in the beta test stage, which is limited in the iPhone (IOS) ecosystem, so it is not yet a stage to discuss listing.
A’bypass buy’ is possible by investing in some companies that provide core services to the clubhouse. The core’clubhouse theme stock’ that the market is paying attention to is Agora (Ticker Name API), a Chinese voice API (application program interface) vendor. Agora, which was listed on the NASDAQ market in July last year, sells a development tool that enables multiple users to have real-time voice chat. As it became known that Clubhouse’s main app functions are based on the Agora API, Agora shares surged 148.16% this year. Agora charges API usage in proportion to app usage. In the third quarter of last year, it posted sales of $3.85 million.
As the clubhouse became popular in a short period of time, there was also an incident in which the stock price of the wrong company surged. Clubhouse Media Group, a Chinese healthcare company, has soared 282.97% in the U.S. OTC stock market since last month.
Reporter Jeon Beomjin [email protected]
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