SOURCE: SECFilings.com

SECFilings.com

October 18, 2016 08:58 ET

Keek (KEEKF) Looks to Monetize Its 75 Million Users with Peeks Livestreaming - SECFilings.com

REDONDO BEACH, CA--(Marketwired - Oct 18, 2016) -  SECFilings.com, a leading financial news and information portal offering free real time public filing alerts, recently published an article examining Keek Inc.'s (OTCQB: KEEKF) transition of its 75 million social video users into the groundbreaking new Peeks e-commerce enabled live streaming platform.

Keek began planning for the integration of the Peeks e-commerce enabled live streaming technology in April 2016. The service enables users to live stream themselves on their own personal interactive e-commerce enabled mobile broadcast. With the tap of the screen, their viewers can tip them real money, buy products and services, crowd fund projects, participate in auctions, and much more.

This technology differs from competitors in several key ways. The platform provides a real-time, engaging, and monetize-able user experience to all of its members, as well as an enterprise grade global e-commerce infrastructure providing a multicurrency, multilingual, turnkey mobile commerce suite for all of its users, merchants, and advertisers. The platform has also been actively tested in live environments via both a closed and open beta program.

The Peeks platform generates revenue by taking a piece of each transaction. Keek will earn a percentage of this revenue without incurring any of the costs associated with developing and maintaining the platform. This could create a high margin recurring revenue stream for investors and a premium valuation for the company.

According to a September 22 press release, Peeks has already monetized its own user base, processed over 16,000 transactions in a live environment and has been downloaded in over 100 countries all in its first month. This early success in monetization bodes well for opening the floodgates to the 75 million current and former Keek users. Unlike many companies that start with users and then figure out monetization, the company has both ends of the spectrum covered at the same time.

Click here to read the full article: http://analysis.secfilings.com/articles/81-keek-keekf-looks-to-monetize-its-75-million-users-with-peeks-livestreaming

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