[Featured Stock] Alois Shows Strength Amid Domestic Competition from Disney, Apple, HBO, and Other Overseas OTTs

[Asia Economy Reporter Minwoo Lee] Alois stock is on the rise. As overseas online video services (OTT) such as Disney, Apple, and HBO accelerate their domestic market strategies, Alois, a manufacturer of OTT-related equipment, appears to be gaining attention.

As of 9:45 a.m. on the 1st, Alois stock price recorded 5,390 KRW, up 8.56% from the previous day. Alois, established in 2015, is a specialized OTT box company. It produces OTT boxes that allow users to watch OTT content such as Netflix on their home TVs. Similar to set-top boxes, but different in that they can be connected to any internet line.

According to data platform company IGAWorks on the same day, as of February this year, Netflix's monthly active users (MAU) reached 10,013,283, an increase of 113% compared to January last year (4,704,524). This is roughly equivalent to the combined MAU of five domestic OTT companies: Wave, TVING, U+ Mobile TV, Season, and Watcha.

As the domestic OTT market rapidly grows, overseas OTT giants are also entering the Korean market. Disney+, which owns intellectual property (IP) of popular content such as Disney, Marvel, and Star Wars, will launch its domestic service in the second half of this year. Apple's Apple TV Plus, Warner Bros., which produced movies like The Matrix and the Batman series, and HBO Max, which owns popular content such as Game of Thrones, are also reported to be planning their entry into the domestic market.