tradingkey.logo
tradingkey.logo
Search

News

From FaceU to CapCut to AI Video: The Team Behind ByteDance’s Imaging Apps Bets on Flova

The team behind FaceU and products that helped shape ByteDance’s consumer imaging ecosystem is entering a new chapter in video creation.Founded by Guo Lie, creator of FaceU and former leader of ByteDance’s imaging business, Flova.ai has raised more than $80 million across two funding rounds, with backing from Sequoia Capital, IDG Capital and Yunji Capital. The company launched globally in October 2025 and is now building what it describes as an AI-native approach to video production.Before Flova, Guo founded FaceU, which was acquired by ByteDance for approximately $300 million in 2018. He later led ByteDance’s imaging business and was involved in the incubation and development of CapCut.With Flova, the team is turning its attention from consumer imaging to a broader question: what happens when AI stops being a generation tool and becomes part of the production team?AI Video Has Solved Generation. Production Remains the Problem.The past few years have seen rapid advances in AI video generation. Platforms including Runway, Pika, Kling and Sora have made it possible to generate increasingly sophisticated images and video from natural-language instructions.But generating individual clips is only one part of making a video.A real production requires a creator to manage scripts, characters, shots, references, assets, model selection, versions, revisions and editing—often across multiple tools.Flova takes a different approach.Available at Flova.ai, the web-based platform brings multiple leading image and video models into a single creative environment, while placing an AI Agent at the center of the production workflow.Rather than treating each generation as an isolated request, Flova is designed to understand the relationships between a project's script, shots, assets and timeline.That distinction becomes increasingly important as projects grow more complex.An Agent That Understands the Project, Not Just the PromptA prompt describes a request. A project contains context.Characters have identities and relationships. Stories have continuity. Brands have visual rules. Assets have different versions. A change to one reference may affect multiple shots.Flova's Agent is designed to retain and work with this project-level context.Creators can upload long-form scripts, character profiles, world-building materials, brand guidelines and production requirements. Flova currently supports up to 100,000 Chinese characters in a single script upload, allowing creators to provide the Agent with an entire story while controlling which episode, scene or shot they want to produce.The Agent can then help transform that context into editable storyboards, organize and bind assets, prepare generation prompts, coordinate AI models, manage revisions and assemble rough timelines.The objective is not simply to build an AI assistant that can answer questions about a video.It is to create an Agent that can work with the structure of the project itself.From Prompt Templates to Creative SkillsFlova's latest 1.0 release introduces another layer: Flova Skills.Professional creators can create Skills that capture their preferred workflows, prompting structures, visual standards, creative preferences and production methods.A Skill is designed to be more than a reusable prompt. It can encode a repeatable way of working that an Agent can apply to future projects.A filmmaker could build a Skill around a particular cinematic workflow. A commercial creator could capture a brand's visual production standards. An AI creator could turn a proven prompting and iteration process into a reusable creative system.Flova currently offers a video-focused Skill Hub with more than 100 professional Skills, while also building a community where experienced creators can share their methods with others.This creates a different relationship between expertise and AI:Models provide generation capabilities.Skills capture creative methodology.Agents execute the workflow.Creators remain responsible for creative judgment.A Multi-Model Production EnvironmentFlova is also designed around a multi-model workflow rather than tying creators to a single generation model.Creators can access leading AI image and video models from within the same production environment, while Flova manages the surrounding project structure.This means creators can focus less on moving assets and prompts between different AI products and more on deciding which creative direction works.The company sees this as an important distinction between an AI video generator and an AI video production platform.The former answers:“Can AI generate this shot?”The latter needs to answer:“How does this shot fit into the project, what assets should it use, what happens when it changes, and how does the project move forward?”Flova is built around the second question.Making Professional Workflows More AccessibleFlova's ambition is not to replace creative judgment.Creators still decide what the project should look like, which direction is right and which result is worth keeping.The Agent handles more of the operational work surrounding those decisions—from organizing context and preparing prompts to coordinating generations, managing assets, tracking versions and supporting revisions.For professional creators, this can reduce repetitive production work.For less experienced creators, Skills can provide access to workflows and methods that would otherwise take years to develop.The result is a different model of AI-assisted creation:The creator brings the vision. The Agent helps carry it through production.Building a Creative System That Learns Over TimeFlova's longer-term vision extends beyond a single generation session.Approved characters, products, environments and references can be retained for future projects. Creative workflows can be turned into Skills. Project standards can be updated and reused. Previous versions can remain available rather than being overwritten.Over time, the production system becomes more valuable because it accumulates the creator's assets, methods and decisions.This is the foundation of Flova's approach to Agent-Native Video Production: moving AI video from a sequence of disconnected generations toward a continuous production environment where context, creative methods and project knowledge can be reused.The Next Chapter for AI VideoThe first wave of generative AI made it possible to create individual images and clips with increasingly simple instructions.Flova is betting that the next wave will focus on something broader: making the production process itself AI-native.That means moving beyond asking AI to generate a shot and toward giving an Agent enough context, tools and creative methodology to help move an entire project forward.For the team that previously helped bring FaceU and ByteDance's imaging products to hundreds of millions of users, Flova represents a new chapter in the same long-running question:How can technology make sophisticated visual creation accessible to more people?This time, the answer may not be another camera, editor or generation model.It may be an Agent that works alongside the creator.About FlovaFlova.ai is an AI-native video creation platform focused on Agent-driven production workflows. Launched globally in October 2025, Flova combines leading AI image and video models with project memory, contextual understanding, intelligent asset management, timeline workflows and reusable Skills.Flova was founded by Guo Lie, creator of FaceU and former leader of ByteDance's imaging business. FaceU was acquired by ByteDance for approximately $300 million in 2018. Guo was subsequently involved in the incubation of products including CapCut, Hypic and BeautyCam.Flova has raised more than $80 million across two funding rounds, backed by Sequoia Capital, IDG Capital and Sky9 Capital.Email: contact@flova.aiWebsite: www.flova.ai26/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
EQS
Wed, Aug 26

Newborn Town Posts Strong 2026 Interim Results: Revenue Up 37%, Profit Attributable to Equity Shareholders Up 45.8%

[Hong Kong – 25 August2026]Newborn Town Inc., a leading global social entertainment company(Newborn Town or the company, stock code: 09911.HK), released its interim results for the first half of 2026.For the six months ended 30 June 2026, the company recorded total revenue of US$607 million, representing a year-on-year increase of approximately 37.0%. Profit attributable to equity shareholders of the Company reached approximately US$99 million, up approximately 45.8% year-on-year, while adjusted EBITDA amounted to approximately US$111 million, representing year-on-year growth of 23.6%.According to the announcement, the first half of 2026 marked a critical phase in the deeper execution of the Company’s global strategy. During the period, Newborn Town maintained strong growth momentum, with a more diversified, multi-market growth profile taking shape at an accelerated pace. As its core products gained traction across multiple new markets, AI capabilities continued to deepen, and innovative business delivered steady growth, the Company saw continued improvements in revenue scale, profitability and overall operating quality, further strengthening its long-term growth momentum.Global Expansion and Deeper AI Integration Drive Continued Growth in Social Networking BusinessIn the first half of 2026, the company’s social networking business maintained robust growth, with revenue reached US$539 million, representing a year-on-year increase of 36.5%. Against the continued expansion of the global social entertainment market, Newborn Town further unlocked the value of its social networking business through its global footprint and the deeper integration of AI across the full business value chain.In the first half of the year, the company has been deepening its “Product Replication + Market Replication” strategy, making significant progress in its global expansion. Leveraging its deep localization capabilities, Newborn Town further consolidated its leading position in core markets including MENA and Southeast Asia. Meanwhile, its flagship products further strengthened their competitiveness in emerging markets such as Latin America and continued to make inroads into high-potential markets across East Asia, Europe and North America, further broadening the company’s global footprint.The gaming-oriented socialnetworkingplatform TopTop continued to deepen its presence in high-value markets, with revenue growing by approximately 30% year on year. While further consolidating its position in MENA, TopTop also made progress across a number of new markets. In East Asia, the platform repeatedly ranked among the top 10 free iOS casual games in Japan and South Korea. In Europe and North America, TopTop continued to refine its product in response to local user needs, build market awareness and cultivate local communities, delivering encouraging progress.The live-streaming platform MICO and voice-based social networking platform YoHo continued to maintain leading positions in their respective segments. MICO consistently ranked among the top-grossing social apps on iOS in markets including Saudi Arabia, the UAE and Thailand, while YoHo remained among the top 10 highest-grossing iOS social apps in core MENA markets such as Oman and the UAE. Both platforms maintained strong competitiveness across established markets while continuing to enhance localized operations and enrich their content ecosystems.The company’s diverse-audience social networking business also maintained steady growth. HeeSay, its global community platform for LGBTQ+ individuals, continued to strengthen its presence in Southeast Asia, consistently ranking among the top 10 highest-grossing iOS social apps across multiple markets in the region. Earlier this year, HeeSay hosted its annual gala in Thailand and launched the interview series ‘He So Glam’. Through ongoing enhancements to community engagement and a richer content ecosystem, HeeSay continued to expand its global brand influence.Innovative Business Posts Strong Growth as AI Drives Short-Drama ExpansionIn the first half of the year, the company’s innovative business recorded revenue of approximately US$68 million, representing a year-on-year increase of 41.2%. Notably, growth in the AI-powered short drama business provided an additional contribution to the segment’s revenue.According to market research firm Omdia, global short drama revenue is expected to reach US$14 billion by the end of 2026. Playlet, Newborn Town’s short-form drama app, is strategically positioned in high‑spending markets such as the United States, Japan and South Korea, producing titles at scale that are tailored to local tastes. In the first half, deeper application of AI further expanded content production capacity and creative possibilities, improving per-title launch efficiency by more than 60% and providing strong support for global expansion. According to Diandian Data, Playlet ranked No. 1 among free iOS entertainment apps in Japan in early July.The company’s quality games business also maintained solid momentum, with flagship titles sustaining long-term operations and generating sustained returns. Meanwhile, as the team accumulated further experience across R&D and operations, its ability to develop new titles continued to strengthen. In the first half of the year, three new games made solid progress in commercialization and began to demonstrate potential for further scale.The social e-commerce business continued to deepen its presence in the health services sector, further strengthening its professional capabilities and competitive barriers. Recently, joint research by Heer Health and Tsinghua University was accepted for presentation at the 26th International AIDS Conference. Meanwhile, Heer Health Internet Hospital was included in the “AIDS Prevention” WeChat Mini Program operated by the National Center for AIDS/STD Control and Prevention under the Chinese Center for Disease Control and Prevention.AI Drives Efficiency Across the Value Chain as Application Ecosystem ExpandsNewborn Town continued to deepen its AI deployment. In the first half, AI gaming community Aippy recorded rapid growth, with global downloads exceeding 4 million to date. Daily active users (DAU) increased by approximately sixfold from the beginning of the year, while user retention remained among the strongest in the industry. The Company also expanded into AI-agent payments with NUSD Pay, broadening the range of AI use cases in its portfolio.Meanwhile, the Company also continued to invest across the AI ecosystem, backing projects in areas including world models and AI-native game engines, as well as AI interactive games and AI advertising and marketing, further enriching its AI application ecosystem.In the first half, the Company continued to deepen the use of AI across key areas including product R&D, social recommendation systems, intelligent operations, safety and risk management, and marketing and user acquisition, supporting ongoing business growth.In marketing and user acquisition, the Company’s intelligent creative production platform Cube and intelligent advertising platform Miaomiao worked in close coordination to build an efficient, end-to-end AI-powered workflow — from identifying high-performing creatives and producing ad assets to bid optimization and campaign management — significantly improving advertising efficiency.On the product operations front, the Company’s intelligent data platform Siyu AI continued to enhance its analytical capabilities, reducing processing time for certain complex analytical tasks from days to minutes. Meanwhile, intelligent design platform KIVI continued to expand its design capabilities, further improving the efficiency of producing virtual gifts and UI assets while supporting a broader range of in-app campaigns.The company also continued to deliver on its commitment to shareholder returns. As of 30 July, Newborn Town had completed three rounds of cancellations of repurchased shares during the year, cancelling a total of approximately 12.87 million shares, with aggregate repurchase consideration exceeding HK$108 million. The cancellations helped lift earnings per share (EPS) and further bolster market confidence alongside the Company’s improving profitability.About Newborn TownNewborn Town has grown into a leading technology company which was listed on the Main Board of the Hong Kong Stock Exchange (HKEX) in 2019 under the stock code 9911.Committed to creating positive emotional value worldwide, Newborn Town has developed a diverse portfolio of applications in the social networking and entertainment sectors. Its social apps include MICO,YoHo, TopTop andHeeSay,together with gaming products like Alice's Dream: Merge Games. These applications have achieved widespread acclaim, reaching over one billion users in over one hundred countries and regions.Newborn Town considers the Middle East and North Africa (MENA) region a key market and has also extended its influence in Southeast Asia, Europe, the United States, Japan,and South Korea. The company aims to become the world's largest social entertainment company.For enquiries, please contactDLK Advisory pr@dlkadvisory.com25/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
EQS
Tue, Aug 25
tradingkey.logo
Risk Warning: Our Website and Mobile App provides only general information on certain investment products. Finsights does not provide, and the provision of such information must not be construed as Finsights providing, financial advice or recommendation for any investment product.
Investment products are subject to significant investment risks, including the possible loss of the principal amount invested and may not be suitable for everyone. Past performance of investment products is not indicative of their future performance.
Finsights may allow third party advertisers or affiliates to place or deliver advertisements on our Website or Mobile App or any part thereof and may be compensated by them based on your interaction with the advertisements.
© Copyright: FINSIGHTS MEDIA PTE. LTD. All Rights Reserved.