Keep (app)
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Keep is a Chinese
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fitness app A fitness app is an application that can be downloaded on any mobile device and used anywhere to get fit. As of 2015, the number of health-related apps released on the two leading platforms, iPhone operating system (iOS) and Android, had reached ...
. The app was made available for downloading on 4 February 2015. Keep was developed by the company Beijing Calories Technology, which was founded by the college student Wang Ning. The app allows users to view fitness videos and to buy fitness equipment. It contains a
social networking service A social networking service or SNS (sometimes called a social networking site) is an online platform which people use to build social networks or social relationships with other people who share similar personal or career content, interests, act ...
so that customers can share exercise routines with each other. Keep reached one million users downloads by 105 days after its launch and had over 200 million users in September 2019. A December 2018 report published by Sootoo Institute found that there were 38.8 million downloads of Keep between July and September, making it "the most downloaded fitness app in China".


History

Keep is an app created by the company Beijing Calories Technology Co Ltd which was founded in 2014 by Wang Ning, a college student in his fourth year. Wang said his motivation for creating the app stemmed from his losing after he developed an exercise regimen through online research. He chose the name "Keep" because according to
Xinhua News Agency Xinhua News Agency (English pronunciation: )J. C. Wells: Longman Pronunciation Dictionary, 3rd ed., for both British and American English, or New China News Agency, is the official state news agency of the People's Republic of China. Xinhua ...
, "he believes keeping, or persistence, is the core of losing weight and starting up a company". Keep became available for downloading on 4 February 2015. More than one million users downloaded the app by the 105th day after its launch. Keep provides users with fitness videos and an e-commerce store where they can buy exercise equipment through
WeChat Pay WeChat Pay () is a mobile payment and digital wallet service by WeChat based in China that allows users to make mobile payments and online transactions. As of March 2016, WeChat Pay had over 300 million users. WeChat Pay's main competitor in Ch ...
and
Alipay Alipay () is a third-party mobile and online payment platform, established in Hangzhou, China in February 2004 by Alibaba Group and its founder Jack Ma. In 2015, Alipay moved its headquarters to Pudong, Shanghai, although its parent company An ...
. The app contains a
social networking service A social networking service or SNS (sometimes called a social networking site) is an online platform which people use to build social networks or social relationships with other people who share similar personal or career content, interests, act ...
that allows users to upload images of what they have eaten, what they look like, and what their exercise routines are. It lets users monitor where and for how long they have run. Its GPS feature allows users to find nearby joggers who are also using the app to whom they can direct friend requests. To make users more committed, it uses "daily bonus, self-evaluation, and personalized fitness plan recommendation". Keep received US$10 million in
Series B A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the ...
funding from
GGV Capital GGV Capital is a global venture capital firm that invests in seed-to-growth stage investments across Consumer/New Retail, Social/Internet, Enterprise/Cloud and Smart Tech sectors. The firm was established in 2000 in Singapore and Silicon Valley, ...
and US$32 million in
Series C A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the ...
funding from Morningside Ventures and GGV Capital, with participation from
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Asia Investments. In March 2018, Keep opened a gym in Beijing, its first. China has 11 Keep-owned gyms, called Keepland, with nine located in Beijing and two in Shanghai. The company opened the
brick-and-mortar Brick and mortar (also bricks and mortar or B&M) refers to a physical presence of an organization or business in a building or other structure. The term ''brick-and-mortar business'' is often used to refer to a company that possesses or leases r ...
gyms with the goal of nurturing
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by having online users start in-person relationships. In July 2018, it received $126 million in
Series D A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the ...
funding from
Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...
,
Tencent Tencent Holdings Ltd. () is a Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimedia companies in the world based on revenue. It is also the w ...
,
GGV Capital GGV Capital is a global venture capital firm that invests in seed-to-growth stage investments across Consumer/New Retail, Social/Internet, Enterprise/Cloud and Smart Tech sectors. The firm was established in 2000 in Singapore and Silicon Valley, ...
, and
Morningside Venture Capital 5Y Capital () is a Shanghai-based venture capital firm founded in 2008. It was previously known as Morningside Venture Capital before it rebranded in October 2020. Background 5Y Capital was founded in 2008 by Ken Shi and Richard Liu under the ...
. As China was experiencing economic deceleration, Keep in October 2019 laid off 15% of its workforce after having increased it by fourfold in 2018. When
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CEO
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travelled to China on 21 March 2017, he visited Keep's office in Beijing and praised the company for reaching 80 million downloads. Keep is installed by default on devices in
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s in China and was on Apple's "2015 Best of App Store list". In 2019, the company had 800 employees. By September 2019, Keep had reached 200 million users. In 2019, the app has 18 non-Chinese-language versions and has 10 million users who are not based in China. English, German, Japanese, and Spanish are several of the app's supported languages. Keep's four streams of revenue are
sporting goods Sports equipment, sporting equipment, also called sporting goods, are the tools, materials, apparel, and gear used to compete in a sport and varies depending on the sport. The equipment ranges from balls, nets, and protective gear like helmets. ...
,
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, its Keepland gyms, and app membership. By 2019, it had made over one billion sales in sporting goods and ranked fourth in the sporting goods category on the online retail website
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behind
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,
Lululemon Athletica lululemon athletica inc. (; styled in all lowercase) is a Canadian multinational athletic apparel retailer headquartered in British Columbia and incorporated in Delaware, United States. It was founded in 1998 as a retailer of yoga pants and othe ...
, and Yijian Running Machine. A December 2018 report published by Sootoo Institute found that there were 38.8 million downloads of Keep between July and September, making it "the most downloaded fitness app in China".


Reception

All Tech Asia journalist Runmiao Diao wrote a 2016 article titled "Why I ditched China's No. 1 fitness app 'Keep' and went back to the gym". She found that the app's large number of options in what courses provided her an environment of
overchoice Overchoice or choice overload is a cognitive impairment in which people have a difficult time making a decision when faced with many options. The term was first introduced by Alvin Toffler in his 1970 book, ''Future Shock''.Thomas W. Simon, ''Demo ...
. After her friends followed her on Keep, Diao spent time browsing through what fitness activities they chose to do, which consumed more time. She said that despite spending a substantial amount of time on looking at exercises, she remained uncertain about which exercise to do. Diao lamented, "Keep was not able to tell me either, and I was still left to CHOOSE". She found that after doing Keep's fitness activities, "I did not feel that my fitness has made any improvement", so she chose to join a gym with instructors who could guide her if she made any mistakes. Research firm CB Insights wrote in a 2017 report that "Many fitness mobile apps offer convenience, but Keep has differentiated itself by integrating social media and e-commerce within its app. The app's social media component not only allows fitness enthusiasts to post their own content, but also allows fitness brands to create in-app social campaigns and promotions for fitness classes and other services." In analysing the company's layoffs, a 2019
Sina Corp Sina Corporation (, "new wave") is a Chinese technology company. Sina operates four major business lines: Sina Weibo, Sina Mobile, Sina Online, and Sinanet. Sina has over 100 million registered users worldwide. Sina was recognized by ''Southe ...
article determined that users have installed and uninstalled the app multiple times and purchased classes and memberships but then not used the services more than several times. The article concluded that "the embarrassment of Keep is obvious: it is difficult for novice users to persevere; users with basic training have more professional needs after advancing, but the app cannot really meet those needs".


References

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External links


Official website
2015 software Chinese brands Fitness apps GPS sports tracking applications Software companies based in Beijing Mobile social software