BEIJING, Feb. 21, 2023 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a video-centric technology solution provider with core expertise in SaaS/PaaS solutions, today announced the results of its 2022 annual general meeting of shareholders (the "2022 Annual General Meeting"), which was held at 24F, A1 South Building, No. 32 Fengzhan Road, Yuhuatai District, Nanjing, China on February 20, 2023 at 10:00 a.m. (Beijing Time). Holders of 90.2% of the Company's outstanding ordinary shares, as of the record date, January 18, 2023, were present in person or represented by proxy at the 2022 Annual General Meeting, and (1) approved the re-election of each of Mr. Gangjia

BEIJING, Jan. 16, 2025 /PRNewswire/ -- Recently, Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, announced that Duanxunbao, its flagship product, has received a major upgrade this winter. After the upgrade, the live - streaming large - screen function supports the real - time display and monitoring of live - streaming data. With a rich and cool data visualization large screen, it can display real - time data such as live - streaming popularity and purchases. The data is updated in real - time, ensuring that staff can obtain real - time information and business dynamics promptly, which is convenient for adjusting and optimizing the busi

BEIJING, Jan. 15, 2025 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, today announced that it has recently attended the 2024 AIGC Summit. Recently, the "Deeply Vertical • 2024 Jixin AIGC Summit", guided by the SCO-Gulf Dual-Chain Special Committee of the China Overseas Development Association and hosted by Jixin, was successfully held in Shenzhen and Hong Kong. Liu Yu, vice president of Baijiayun Group, attended this event and delivered a keynote speech titled "Live Streaming + AI, Shaping a New Panoramic Future". He explored a series of issues, including the opportunities and challenges faced by various industries in

BEIJING, Jan. 7, 2025 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, today announced that it had received a customer thank-you letter from Beijing Tsinghua-Peking University Talent Reserve Education Technology Co., Ltd. In the letter, the customer spoke highly of Baijiayun's professional technical team and rich industry experience. At the turn of the year, receiving the customer thank-you letter from Tsinghua-Peking University Talent Reserve is another recognition and honor that Baijiayun has gained in 2024. Beijing Tsinghua-Peking University Talent Reserve Education Technology Co., Ltd. is a high-quality education ent

BEIJING, Dec. 24, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, today announced that it will attend the 2024 AIGC Summit soon. Recently, the 2024 AIGC Summit, hosted by "Jixin", a venture capital and industry research media that focuses on industrial AI, is about to kick off. As an outstanding enterprise representative that has successfully implemented AI technology in various industries, Baijiayun has been invited to attend. Yu Liu, the vice president of Baijiayun, will share unique insights at the summit to promote industry communication and progress. This summit focuses on the in-depth application of AIGC tech

BEIJING, Dec. 20, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, today announced it's "DuanXunBao" has ushered in a winter refresh and upgrade recently. Recently, Duanxunbao, a new-generation knowledge delivery tool under Baijiayun, has undergone meticulous refinement and a comprehensive upgrade, and has recently launched a series of innovative features. These features not only cover intelligent live streaming templates, quick chat scripts, virtual user assistance, optimization of live streaming field control, etc., but also completed important updates in private domain traffic operation, helping knowledge monetiz

BEIJING, Dec. 17, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, today announced Henan Xinhua Bookstore has visited Baijiayun recently. Recently, the relevant leaders and representative teams of Henan Xinhua Bookstore visited Baijiayun. The two sides conducted in-depth discussions on cooperation in the fields of cultural dissemination and educational innovation, aiming to jointly promote the digital transformation and development of the industry through complementary advantages. As an important force in the cultural and educational industry, Henan Xinhua Bookstore has been always committed to providing readers wit

BEIJING, Dec. 14, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, today announced it was honored with the title of "Exclusive Member Unit". In recent days, the First Council of the Artificial Intelligence Education Professional Committee of the Beijing Educational Informationization Industry Alliance and the 2024 Symposium on Artificial Intelligence Empowering the Innovative Development of Primary and Secondary Schools were successfully held at the Affiliated Experimental School of Beijing Institute of Technology. Nearly 200 renowned experts, leaders of education bureaus, principals of primary and secondary schools

BEIJING, Dec. 11, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, today announced it has recently upgraded the BRTC HarmonyOS SDK. As a leading domestic one-stop AI video technology service provider, Baijiayun closely follows the industry technology trend and has recently upgraded the BRTC HarmonyOS SDK to provide customers with stronger audio and video technology support. While promoting the development of the HarmonyOS ecosystem, Baijiayun also provides more comprehensive and professional support for enterprise digital transformation and audio-video technology progress. It is reported that in this upgrade, Baijia

NEW YORK, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, on December 6, 2024, announced that it has entered into a Standby Equity Purchase Agreement (the "SEPA"), with YA II PN, Ltd. ("YA"), a fund managed by Yorkville Advisors Global, LP. Subject to the terms and conditions set forth in the the SEPA, YA is committed to purchase up to $50 million (the "Commitment Amount") of the Company's Class A Ordinary Shares (the "Shares") at any time during the two-year period following the execution date of the SEPA, by delivering written notice to YA (an "Advance Notice"). Pursuant to the SEPA, YA will advance

BEIJING, Dec. 6, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, today announced that it has entered into a Standby Equity Purchase Agreement (the "SEPA"), with YA II PN, Ltd. ("YA"), a fund managed by Yorkville Advisors Global, LP. Subject to the terms and conditions set forth in the the SEPA, YA is committed to purchase up to $50 million (the "Commitment Amount") of the Company's Class A Ordinary Shares (the "Shares") at any time during the two-year period following the execution date of the SEPA, by delivering written notice to YA (an "Advance Notice"). Pursuant to the SEPA, YA will advance to the Company, subjec

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Revenues grew by 32.2% as real-time video communication solutions see wider adoption and penetrate new vertical marketsBEIJING, April 18, 2023 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a video-centric technology solution provider with core expertise in SaaS/PaaS solutions, today announced the unaudited financial results for the six months ended December 31, 2022 ("1HFY23"). Financial Highlights for the First Half of Fiscal Year 2023 Total revenues increased by 32.2% period-over-period to $40.9 million for 1HFY23Gross margin was 17.7% for 1HFY23, compared to 30.7% for the prior year period General and administrative expenses, as a percentage of total re

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