Lizhi Announces Podcast Launch On Tencent's WeScenario

Chinese online UGC audio community and interactive audio entertainment platform Lizhi Inc LIZI announced its vertical podcast platform, LIZHI Podcast, has officially launched on Tencent Holdings Ltd's TCEHY WeScenario in-car platform.
Tencent's WeScenario is a light, app-based Internet of Vehicles (IoV) ecosystem that provided a set of native application frameworks particularly tailored for driving scenarios by leveraging WeChat Mini Programs.
WeScenario relied on cloud-based updates, which did not require download and installation. It quickly transmitted Internet services and content to vehicles, helping LIZHI Podcast's audio content smoothly and rapidly stream for improved 'in-car digital experience.
Price action: LIZI shares traded higher by 5.37% at $6.47 in the market session on the last check Wednesday.