Indent Corporation Releases '2020 V Review Performance Analysis'
[Asia Economy Reporter Kim Cheol-hyun] Indent Corporation's AI-based video review service 'V Review' showed a steep growth curve last year. The cumulative number of video reviews increased more than sevenfold compared to the previous year.
On the 15th, Indent Corporation (CEO Yoon Tae-seok) announced the '2020 V Review Performance Analysis Results' containing this information. According to this analysis, the cumulative number of video reviews uploaded through V Review increased by approximately 680% compared to the previous year.
The cumulative exposure of 'purchase review videos' through the V Review widget until December surpassed 400 million, which is more than a 330% increase compared to the previous year. The cumulative number of users registering video reviews also increased by more than 470% during the same period, and the number of V Review chatbot users increased more than 4.5 times.
V Review is a service that uses its patented AI chatbot technology to collect video reviews and help shopping malls utilize them. Since its launch in March 2019, the number of shopping malls adopting V Review has exceeded 1,860 in just one year and nine months. In particular, during September last year, when social distancing measures were strengthened due to the resurgence of the novel coronavirus infection (COVID-19), the number of new V Review client companies increased more than twice compared to the same month the previous year, and the cumulative number of users who registered reviews increased more than fivefold.
Yoon Tae-seok, CEO of Indent Corporation, said, "As the environment where consumers cannot directly see and touch products has prolonged due to COVID-19, more vivid video reviews on V Review are helping consumers' decision-making and boosting companies' sales." He added, "We will continue to strive to create a new era of video review commerce by providing more advanced services."
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