Vertical Observer

The vertical-drama business, sourced

UPDATED 23 October 2026 216 REPORTS · 172 COMPANIES

App · Global (China-origin)

ShortMax

Key facts

Operator / parent
Jiuzhou Culture (九州文化), Jiaxing; private. Store developer of record: SHORTTV/SHORTMAX Limited, package live.shorttv.apps.
Origin
China
Headquarters
Jiaxing, Zhejiang, China
Launched
September 2023
Category
App · Global (China-origin)

ShortMax, listed in app stores as ShortTV, is a vertical-drama app operated by the private Chinese producer Jiuzhou Culture. It runs in more than 240 markets on a mix of coins, in-app purchases and advertising, and ranks among the top three apps in the category by in-app purchase revenue. Its founder has described the business as continuously losing money, and Jiuzhou does not disclose group financials. Press reports in May 2025 referred to a corruption case involving the company.

ShortMax revenue and key figures

Reported revenue: about $82.9m in FY2024, third in the category (estimate, Sensor Tower)

MetricFigureBasisSource
In-app purchase revenueabout $82.9m in FY2024, third in the categoryestimateSensor Tower
Revenueabout $7.2m a month (May 2025)estimatethird-party estimate
Downloadsabout 110-120m cumulative including 99TV; first by downloads in some monthsno basis given—
Monthly active userspeak above 30mcompanyShortMax
Daily active usersabout 5.5-6mcompanyShortMax
FundingAngel investment from Chen Danian; the amount is not disclosed.no basis given—

Profile

Markets
More than 240 markets, led by the United States and South-East Asia.
Content
Hybrid: about 80% dubbed and 20% original. The company claims about 95% AI capacity.
Genres
Alpha and CEO romance, werewolf, revenge.
Monetisation
Coins and in-app purchases plus advertising, combining in-app advertising and in-app purchase revenue.
Profitability
Not profitable. The founder has described the business as continuously losing money.

People

  • Wang Jiacheng (汪家城) — Founder and Chairman, Jiaxing Jiuzhou Culture Media (九州文化), established 2021

Sources