M17 Entertainment, the company that owns Paktor and live-streaming service 17 Media, has postponed its IPO that was originally scheduled for 7th of June. The delay came after its IPO pricing of US$8 came in far below the original range of US$10-12 that the company was hoping for. But what concerns could investors have had around the company and its future prospects? We discuss some of the biggest risk factors that investors must answer before purchasing M17 Entertainment’s stock, if it lists at all.

How Will 17 Media Grow Its User Base?

17 Media, the leading live-streaming service in Taiwan, HK and Japan, is the biggest part of the company that accounts for 90% of its revenue. However, the growth rate of its user base has been rather stagnant, reaching about 1 million monthly active users in Q1 of 2018 from 0.9 million in 2016. Given the fact that