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The Business Model Transformation of Short-form Video Enterprise Based on Business Model Canvas: A Case of KWAI

Published: 09 July 2022 Publication History

Abstract

The rapid development of short-form video is a vital topic worldwide. Clarifying the business model transformation of short-form video enterprise has both theoretical and practical significance. Based on the nine elements of business model canvas, this research tried to explore how China's first short-form video producer Kwai became one of the market leaders in the competitive market. This research adopts an exploratory single case study as the research method. According to time series analysis, the development of Kwai can be divided into 4 stages (2011-2021). Important milestone events are chosen to emphasis the business model transformation of Kwai, and the nine elements shows different characteristics in each stage. Finally, business model transformation in the four stages from start-up till present as well as how Kwai creates value are summarized. This study contributes to provide a holistic perspective on the evolution of business model transformation. Moreover, it provides new ideas based on the business model canvas and nine elements for business model transformation and innovation.

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  1. The Business Model Transformation of Short-form Video Enterprise Based on Business Model Canvas: A Case of KWAI

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    ICEEG '22: Proceedings of the 6th International Conference on E-Commerce, E-Business and E-Government
    April 2022
    439 pages
    ISBN:9781450396523
    DOI:10.1145/3537693
    Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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    Published: 09 July 2022

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    Author Tags

    1. Business model canvas
    2. Business model innovation
    3. Business model transformation
    4. Kwai
    5. Short-form video

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