VANCOUVER, BC, Aug. 19, 2021 /PRNewswire/ -- Wondershare has announced the acquisition of Ufoto, a global leader in mobile video editing services. Ufoto specialized in providing a powerful, smart and convenient digital creation experience through mobile devices. The strategic acquisition will further strengthen the position of Wondershare in the global mobile video market.
"We are thrilled to see a trusted, creative and young-minded partner like Ufoto boosting our capabilities in the mobile field for video and photo editing. In addition, we both share the same vision for creativity simplified," said Tobee Wu, CEO of Wondershare. "Wondershare has always focused on the digital creative software channel to redefine the possibilities of digital experiences via game-changing innovations to shape the next generation of storytelling. With the growing adoption of Ufoto, we are shifting our focus to invest in the mobile area."
Since 2015, Ufoto has launched a series of world-renowned apps, including Sweet Selfie, Sweet Snap, StoryChic and Beat.ly. In October 2020, Ufoto became a global partner of Facebook: Sharing to Stories.
Here are the major services that Ufoto provides for creators:
In addition to the products above, Ufoto also provides others photo and video editing applications, such as SnapFx, Mint, Mojito and more. As of 2020, the global cumulative users of Ufoto exceed 800 million, over 10 million active users daily, and the social media following has exceeded 5 million.
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About Wondershare
Founded in 2003, Wondershare is a global leader in software development and a pioneer in the field of digital creativity. With powerful technology, the solutions we provide are simple and convenient, making Wondershare trusted by millions of people in more than 150 countries worldwide. We help our users pursue their passions so that, together, we can build a more creative world.
www.wondershare.com
Media contact
Ellen Cheng
Wondershare
ellenc@wondershare.com
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