UUSee is China’s YouTube and Venice Project combined, only more so

Chinese company UUSee has announced that they have just passed the 30,000,000 (30 million) user mark. They also claim more than 3 million mobile users. The company is backed by Sequoia Capital. The company notes that they are a better combination of YouTube and Joost.

"China — and UUSee in particular — has taken the worldwide lead in P2P- based Internet TV services," said Li Zhu, CEO and co-founder, who until now has never spoken with Western media to discuss UUSee's technology and business model. "UUSee has been delivering P2P video for close to two years, with its content Chinese people worldwide rely on UUSee to stay connected to relevant broadcast news, sports and culture that once could only be viewed on televisions in China. Also, UUSee's technology is not limited to Chinese language programming, and so we look forward to forging relationships with communities and companies globally."

From their web site: UUSee broadcasts this content through more than 60 TV channels in real time, 350 customizable channels, video on demand, time-shifting, social features such as tagging and voting, mobile downloads available in all file formats — with both proprietary and third party DRM control. Brands advertise on UUSee in multiple ways, from pre- and post-roll, banner and text, to more innovative manners such as picture-in-picture and interactive Flash.