Will "Talking Tom", a world-renowned IP, help "CODE.GAME" grow even bigger as it plans for the IPO?
On March 7th 2019, Chinese children's programming brand "Codemao" known as Code.game overseas announced that it has reached in-depth cooperation with the world-renowned IP "Talking Tom". It is understood that "Talking Tom" has a total of 120 materials on the community platform of the Codemao.
The rapid growth of technology is changing the world and we as human beings of the 21st century should stay up to date, follow these changes and make the best out of it. In the next 20-30 years, it is predicted that most of the jobs will be taken over by artificial intelligence. Platforms like Codemao are helping our next generation for the upcoming era, “the era of artificial intelligence”.
Founded in March 2015 Codemao is a Chinese online education platform, which focuses on teaching programming to children.
The Codemao is a graphics programming tool platform independently developed by Shenzhen Point Cat Technology Co., Ltd. Codemao platform is designed based on the learning characteristics of children and the concept of modern Chinese education. It adopts a different way of creating “graphical programming modules” than traditional codes and “edutainment” education concepts through interesting fun courses and language. The combination of digital and other disciplines allows children to master knowledge in games, quickly understand programming concepts, and exercise their children's logical thinking ability and innovative practical ability.
Talking Tom is an interactive mobile pet app. According to official data, downloads of this series of games have exceeded 9 billion, and the monthly active users have reached 350 million. The "Talking Tom Cat Family" series of cartoons has hit more than 28 billion views on video sites around the globe.
According to Codemao, Tom Cat family has officially entered Codemao material store, which includes; 47 painting styles, cute images, 16 background materials, 48 practical prop materials, 1 interface material, and 8 lively soundtracks. After being online for three days, the series has been collected by the young users of programming cat for more than 70,000 times.
For this cooperation, Codemao said that the company has already reached cooperation with 50 famous IPs such as raccoon, Xiao Yang, Shaun, Talking Talk, Submarine, Bunny, and Westward Journey. As of March 2019, Platform users have created nearly 8 million copies of their work. In the future, Codemao's creative community will open up cooperation with more IP’s, and provide a better creative soil for children around the world based on the self-developed creation platform.
LI Tianchi (李天驰), co-founder and CEO of Codemao, previously told EO Education that from the fourth quarter of 2017, the income of Codemao began to double every quarter. In 2018, the company's revenue achieved a 10-fold increase, with a single-day (11th November) revenue of RMB 10 million, and only half a year's revenue reached nearly RMB 100 million. In 2019, Codemao plans to maintain its growth and reach the break-even point.
Codemao CFO ZHANG Wei (张炜) mentioned that based on the current development speed of the company, Codemao will start planning in 2019 and go to IPO within 2 years.