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Reelshort

Full company profile

uuid0005su6

Namestring
Reelshort
Legal namestring
Crazy Maple Studio, Inc.
Websiteurl
reelshort.com
Company typeenum
Private
Founded yearint
2022
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersSunnyvale, United States
HQ citystring
Sunnyvale
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
vertical video streaming, short-form microdramas, mobile entertainment apps, serialized video content, freemium streaming platform
Industry1 code
1TVOD/Transactional & PPV Streaming Channels
CodeMPABAHACPrimaryYes
NAICS code2 codes
  • Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers5162
  • Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers516210
SIC code3 codes
  • Services-Motion Picture & Video Tape Distribution7822
  • Services-Motion Picture & Video Tape Production7812
  • Cable & Other Pay Television Services4841
Product category
Short-form Video Streaming
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model4 records
1In-App Purchases (Coin-based)
TypeUsage Based
Description

Pay-per-episode via virtual coins system where users purchase coins to unlock episodes. This is the primary revenue driver, generating the majority of platform revenue with ARPPU of $20-$35/month.

spyro-soft.com
2Subscriptions
TypeSubscription Recurring
Description

Weekly or monthly subscription options for ad-free viewing and unlimited access to content library.

spyro-soft.com
3Content Licensing
TypeLicensing Royalties
Description

Licensing original content to third-party platforms such as Peacock for distribution, creating additional revenue streams.

businessinsider.com
4Rewarded Video Ads
TypeAdvertising
Description

Advertising revenue through rewarded video ads for non-paying users who opt to watch ads for free episode unlocks.

lens.streaming-radar.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Marketing or Sales, Personnel, Operations, Technology or R&D, Infrastructure
Pricing details3 tiers
1Pay-per-episode via virtual coins ($0.15-$0.40 per episode)
ModelUsage-basedBilling cadencePay-as-you-go
Notes

Users purchase virtual coins to unlock individual episodes, with typical costs of $0.15-$0.40 per episode. ARPPU reaches $20-$35/month for paying users.

spyro-soft.com
2Weekly subscription ($10-$20) or monthly subscription (up to $80)
ModelSubscriptionBilling cadenceMonthly
Notes

Subscription tiers provide ad-free viewing and unlimited content access. Weekly options around $10-$20, monthly reaching up to $80 for full access.

lens.streaming-radar.com
3Freemium with free initial episodes
ModelFreemiumBilling cadencePay-as-you-go
Notes

Users receive free initial episodes to hook them, with subsequent episodes requiring payment through coins or subscription.

todotvnews.com
GTM typeB2C
B2C
Offering typeDigital Commerce or Conte…
Digital Commerce or Content
Core offering1 text field

ReelShort is a mobile-first microdrama streaming platform that delivers short-form serialized vertical video content in 60–90 second episodes across genres such as romance, drama, fantasy, and werewolf/alpha romance stories. The platform operates on a freemium model with free initial episodes and subsequent unlock access purchased via virtual coins or subscriptions, supported by AI-assisted in-house content production and a cultural-hybridity localization model for global markets.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 119% year-over-year revenue growth to $1.2 billion in US consumer spending
+3 more records
Product overview1 text field

ReelShort is a mobile-first microdrama streaming platform developed by Crazy Maple Studio (a subsidiary of Chinese tech group ICVR, California-based), offering short-form serialized vertical video content in 60-90 second episodes optimized for smartphone viewing. The platform operates on a freemium model with free initial episodes followed by in-app purchases for unlock access. The core ReelShort App serves as the primary product, supplemented by interactive storytelling features (ReelShort Interactives) and community engagement tools (ReelShort Fandom). Over 90% of revenues come from in-house produced content, with the platform generating over $1.2 billion in cumulative revenue and serving approximately 70 million monthly active users globally as of June 2026.

Product and service3 records
1ReelShort App
CategoryMobile Video Streaming Platform
Description

A mobile-first microdrama streaming platform offering short-form serialized vertical video content in 60-90 second episodes, featuring hyper-localized original productions in genres such as romance, drama, and fantasy. Operates on a freemium model with free initial episodes and in-app coin purchases or subscriptions for unlock access, distributed via iOS and Android app stores to global consumers.

2ReelShort Interactives
CategoryInteractive Entertainment
Description

An interactive storytelling offering within the ReelShort platform that allows users to make choices that influence the narrative direction of short dramas, enhancing viewer engagement through branching storylines. Targeted at mobile-first viewers seeking immersive, choice-driven entertainment experiences.

3ReelShort Fandom
CategoryCommunity and Fan Engagement
Description

A community platform for ReelShort viewers to discuss shows, read episode recaps, and engage with other fans, featuring content organized by genre, cast lists, and storyline discussions. Targeted at the ReelShort user community seeking deeper engagement with their favorite series and casts.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-06-19
Description

First Southeast Asia telecommunications collaboration involving carriage agreement with Thai telco AIS for expanding ReelShort's services in the region.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-06-19
Description

Carriage agreement with Philippine telco Globe as part of ReelShort's international expansion strategy in Southeast Asia.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-06-19
Description

Strategic content partnership with Korean studio Showbox for co-producing Korean-language shows, marking ReelShort's entry into Korean content localization.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-05-13
Description

Peacock entered a short-term licensing agreement to bring 10 micro dramas from ReelShort to its mobile app, allowing NBCU to test the vertical video format and understand viewer behavior differences across short-form content types.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-04-17
Description

Joint launch of microdrama 'Married at First Sight' in Brazil, expanding the show's international presence through ReelShort's platform.

Strategic tierMinorTypeGTM or Marketing PartnerAnnounced on2026-02-13
Description

Branded microdrama series 'Charmed to Meet You' created as marketing campaign, premiering across Crocs' social platforms including ReelShort.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

DramaBox is a direct competitor operating a similar mobile-first vertical microdrama streaming platform with pay-per-episode IAP model. Both target female romance audiences and compete for the same user acquisition channels globally.

TypeDirect peer
Description

GoodShort is a vertical microdrama app from a Chinese operator directly competing with ReelShort in the US and global markets with similar pay-per-episode monetization and romance-focused content library.

TypeDirect peer
Description

ShortMax is a competing microdrama platform offering serialized short-form vertical video content with similar freemium and IAP monetization, targeting the same US and international microdrama audience.

TypeDirect peer
Description

FlexTV is a microdrama streaming app from a Chinese parent (iQIYI/COL Group) competing directly with ReelShort in the US market with similar short-form vertical content and coin-based unlock model.

TypeBroad incumbent
Description

Netflix is the dominant global streaming incumbent and is testing short-form and microdrama formats to compete for mobile attention. While currently a broad incumbent, its potential move into vertical short-form video directly threatens ReelShort's category.

TypeBroad incumbent
Description

TikTok is ReelShort's primary user acquisition channel and a competing short-form video destination. Its algorithm-driven content represents both ReelShort's biggest marketing channel and a substitute for time spent in-app.

TypeBroad incumbent
Description

Quibi pioneered the short-form premium video format for mobile and ultimately failed due to high CAC and lack of social distribution. Quibi's lessons inform ReelShort's freemium model and serve as a cautionary comparable for short-form streaming economics.

TypeOthers
Description

Crazy Maple Studio is ReelShort's parent company and developer of the platform. It is a California-based interactive entertainment subsidiary of Chinese tech group ICVR, sharing technology and IP resources with ReelShort.

TypeBroad incumbent
Description

iQIYI is a major Chinese streaming platform and a parent of competing microdrama app FlexTV. It is comparable as a global streaming incumbent with content production capabilities in serialized Asian drama, the same content type ReelShort localizes for Western markets.

TypeEmerging player
Description

Peacock is both a current licensing partner of ReelShort and a potential future competitor as NBCUniversal tests vertical short-form video. It is comparable as a streaming platform that is now entering the microdrama category using ReelShort-supplied content.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability1 record

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Reelshort

Short-form Video Streamingreelshort.com

Reelshort firmographics

Firmographics
Name
Reelshort
Legal name
Crazy Maple Studio, Inc.
Website
https://reelshort.com
Company type
Private
Founded year
2022
Operating status
Operating
Headcount range
501–1,000 employees
Ownership category
akta.pro rank

Reelshort industry classification

Industry
Product category
Short-form Video Streaming
NAICS
Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (5162), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (516210)
SIC
Services-Motion Picture & Video Tape Distribution (7822), Services-Motion Picture & Video Tape Production (7812), Cable & Other Pay Television Services (4841)
akta.pro primary industry
TVOD/Transactional & PPV Streaming Channels (MPABAHAC)

Keywords

  • Vertical video streaming
  • Short-form microdramas
  • Mobile entertainment apps
  • Serialized video content
  • Freemium streaming platform

Where Reelshort is headquartered

Location

Headquarters

HQ city
Sunnyvale
HQ country
United States
HQ region
North America

Offices3 records

Markets served

Reelshort business model

Business model
GTM type
B2C
Offering type
Digital Commerce or Content
Cost components
Marketing or Sales, Personnel, Operations, Technology or R&D, Infrastructure

Revenue model

  1. In-App Purchases (Coin-based): Pay-per-episode via virtual coins system where users purchase coins to unlock episodes. This is the primary revenue driver, generating the majority of platform revenue with ARPPU of $20-$35/month.
  2. Subscriptions: Weekly or monthly subscription options for ad-free viewing and unlimited access to content library.
  3. Content Licensing: Licensing original content to third-party platforms such as Peacock for distribution, creating additional revenue streams.
  4. Rewarded Video Ads: Advertising revenue through rewarded video ads for non-paying users who opt to watch ads for free episode unlocks.

Pricing tiers

ModelBillingPrice
Usage-basedPay-as-you-goPay-per-episode via virtual coins ($0.15-$0.40 per episode)
SubscriptionMonthlyWeekly subscription ($10-$20) or monthly subscription (up to $80)
FreemiumPay-as-you-goFreemium with free initial episodes

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Reelshort product offering

Product offering

Core offering

ReelShort is a mobile-first microdrama streaming platform that delivers short-form serialized vertical video content in 60–90 second episodes across genres such as romance, drama, fantasy, and werewolf/alpha romance stories. The platform operates on a freemium model with free initial episodes and subsequent unlock access purchased via virtual coins or subscriptions, supported by AI-assisted in-house content production and a cultural-hybridity localization model for global markets.

Product overview

ReelShort is a mobile-first microdrama streaming platform developed by Crazy Maple Studio (a subsidiary of Chinese tech group ICVR, California-based), offering short-form serialized vertical video content in 60-90 second episodes optimized for smartphone viewing. The platform operates on a freemium model with free initial episodes followed by in-app purchases for unlock access. The core ReelShort App serves as the primary product, supplemented by interactive storytelling features (ReelShort Interactives) and community engagement tools (ReelShort Fandom). Over 90% of revenues come from in-house produced content, with the platform generating over $1.2 billion in cumulative revenue and serving approximately 70 million monthly active users globally as of June 2026.

Differentiator

Problem solved

Functional benefit

Products and services

  • ReelShort App A mobile-first microdrama streaming platform offering short-form serialized vertical video content in 60-90 second episodes, featuring hyper-localized original productions in genres such as romance, drama, and fantasy. Operates on a freemium model with free initial episodes and in-app coin purchases or subscriptions for unlock access, distributed via iOS and Android app stores to global consumers.
  • ReelShort Interactives An interactive storytelling offering within the ReelShort platform that allows users to make choices that influence the narrative direction of short dramas, enhancing viewer engagement through branching storylines. Targeted at mobile-first viewers seeking immersive, choice-driven entertainment experiences.
  • ReelShort Fandom A community platform for ReelShort viewers to discuss shows, read episode recaps, and engage with other fans, featuring content organized by genre, cast lists, and storyline discussions. Targeted at the ReelShort user community seeking deeper engagement with their favorite series and casts.

Quantifiable outcome

  • 119% year-over-year revenue growth to $1.2 billion in US consumer spending
  • +3 more outcomes

Companies that use Reelshort

Customer profile

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Reelshort technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Reelshort partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core, flagship and minor.

  • AIS (Thailand)coreChannel Partner/ Reseller/ Distributor · 19 June 2026First Southeast Asia telecommunications collaboration involving carriage agreement with Thai telco AIS for expanding ReelShort's services in the region.
  • Globe (Philippines)coreChannel Partner/ Reseller/ Distributor · 19 June 2026Carriage agreement with Philippine telco Globe as part of ReelShort's international expansion strategy in Southeast Asia.
  • Showbox (Korea)flagshipStrategic or Co-development Partner · 19 June 2026Strategic content partnership with Korean studio Showbox for co-producing Korean-language shows, marking ReelShort's entry into Korean content localization.
  • Peacock (NBCUniversal)coreChannel Partner/ Reseller/ Distributor · 13 May 2026Peacock entered a short-term licensing agreement to bring 10 micro dramas from ReelShort to its mobile app, allowing NBCU to test the vertical video format and understand viewer behavior differences across short-form content types.
  • Endemol Shine BrasilflagshipStrategic or Co-development Partner · 17 April 2026Joint launch of microdrama 'Married at First Sight' in Brazil, expanding the show's international presence through ReelShort's platform.
  • CrocsminorGTM or Marketing Partner · 13 February 2026Branded microdrama series 'Charmed to Meet You' created as marketing campaign, premiering across Crocs' social platforms including ReelShort.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Reelshort competitors and assessment

Company assessment

Direct peers

  • DramaBox: DramaBox is a direct competitor operating a similar mobile-first vertical microdrama streaming platform with pay-per-episode IAP model. Both target female romance audiences and compete for the same user acquisition channels globally.
  • GoodShort: GoodShort is a vertical microdrama app from a Chinese operator directly competing with ReelShort in the US and global markets with similar pay-per-episode monetization and romance-focused content library.
  • ShortMax: ShortMax is a competing microdrama platform offering serialized short-form vertical video content with similar freemium and IAP monetization, targeting the same US and international microdrama audience.
  • FlexTV: FlexTV is a microdrama streaming app from a Chinese parent (iQIYI/COL Group) competing directly with ReelShort in the US market with similar short-form vertical content and coin-based unlock model.

Broad incumbents

  • Netflix: Netflix is the dominant global streaming incumbent and is testing short-form and microdrama formats to compete for mobile attention. While currently a broad incumbent, its potential move into vertical short-form video directly threatens ReelShort's category.
  • TikTok: TikTok is ReelShort's primary user acquisition channel and a competing short-form video destination. Its algorithm-driven content represents both ReelShort's biggest marketing channel and a substitute for time spent in-app.
  • Quibi (now Roku): Quibi pioneered the short-form premium video format for mobile and ultimately failed due to high CAC and lack of social distribution. Quibi's lessons inform ReelShort's freemium model and serve as a cautionary comparable for short-form streaming economics.
  • iQIYI: iQIYI is a major Chinese streaming platform and a parent of competing microdrama app FlexTV. It is comparable as a global streaming incumbent with content production capabilities in serialized Asian drama, the same content type ReelShort localizes for Western markets.

Others

  • Crazy Maple Studio (parent): Crazy Maple Studio is ReelShort's parent company and developer of the platform. It is a California-based interactive entertainment subsidiary of Chinese tech group ICVR, sharing technology and IP resources with ReelShort.

Emerging players

  • Peacock (NBCUniversal): Peacock is both a current licensing partner of ReelShort and a potential future competitor as NBCUniversal tests vertical short-form video. It is comparable as a streaming platform that is now entering the microdrama category using ReelShort-supplied content.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Reelshort social profiles

Digital presence

Reelshort financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Reelshort leadership team

Management profile

Number of profiles

Profiles1 record

Reelshort funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Reelshort M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Reelshort

What does Reelshort do?

ReelShort is a mobile-first microdrama streaming platform that delivers short-form serialized vertical video content in 60–90 second episodes across genres such as romance, drama, fantasy, and werewolf/alpha romance stories. The platform operates on a freemium model with free initial episodes and subsequent unlock access purchased via virtual coins or subscriptions, supported by AI-assisted in-house content production and a cultural-hybridity localization model for global markets.

Is Reelshort a public or private company?

Reelshort is a private company. It is classified as corporate owned and is currently operating.

When was Reelshort founded?

Reelshort was founded in 2022. It employs 501 to 1,000 people.

Where is Reelshort based?

Reelshort is headquartered in Sunnyvale, United States, in the North America region.

How does Reelshort make money?

Four revenue lines are on record. In-App Purchases (Coin-based) is the primary driver. The others are subscriptions, content Licensing and rewarded Video Ads.

Who are Reelshort's main competitors?

Direct peers on record are DramaBox, GoodShort, ShortMax and FlexTV. Broad incumbents are Netflix, TikTok, Quibi (now Roku) and iQIYI. Crazy Maple Studio (parent) is listed as an others. Peacock (NBCUniversal) is listed as an emerging player.

Does Reelshort have an API?

No public API is recorded for Reelshort.

What industry is Reelshort in?

Reelshort's product category is Short-form Video Streaming. Its primary akta.pro industry code is MPABAHAC, TVOD/Transactional & PPV Streaming Channels. Its NAICS code is 5162 and its SIC code is 7822.

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Live signals
YahooRoyce Keys & Drew McIntyre Lead the Star-Filled Cast of WWE’s Agent of Shadows TrailerWWE's Agent of Shadows trailer premiered at Money in the Bank 2026 Countdown Show, featuring Drew McIntyre and Royce Keys. The series, WWE's first ReelShort collaboration, follows secret agent Adam Hawk protecting his estranged daughter from Raymond Strauss. It premieres October 23.The Times of IndiaJacob Fatu's WWE status after Jaida Parker’s car attack emerges again in a recent backstage updateJacob Fatu was absent from WWE RAW after a car attack storyline, and reports say he is filming a live-action series with Drew McIntyre and Joe Hendry for ReelShort. The project is part of WWE's expansion beyond wrestling programming, but his return has not been confirmed. Speculation points to a WarGames match at Survivor Series later this year.South China Morning PostOpinion | AI microdramas are a test case for China’s next big export waveChina's services exports rose 17.1% year on year in the first seven months of 2026, with personal cultural and entertainment services up 57.8%. AI-generated microdramas revenue grew from under 1 billion yuan in 2020 to an estimated 100 billion yuan last year, with Chinese platforms like ReelShort reaching overseas audiences.WikipediaWikipediaDuanju, China's vertical drama format, grew to 576 million users by June 2024, with domestic viewership reaching 662 million and market revenue exceeding 50 billion yuan. By 2025, direct content revenue was estimated at RMB 63–65 billion, and the sector created over 600,000 jobs. International expansion saw ReelShort and DramaBox dominate the U.S. market, with Netflix adopting a vertical feed in 2025.MediaPostMicrodramas On Network TV? Not Likely, But Other Effects LoomOwl & Co. projected the global microdrama app market outside China would reach $3 billion, driven by ReelShort and DramaBox. ReelShort's microdrama 'The Double Life of My Billionaire Husband' has pulled 800 million views. The article questions how this free, short-form content affects long-form media.MediaPostMicrodramas On Network TV? Not Likely, But Other Effects LoomOwl & Co. projected the global microdrama app market outside China would reach $3 billion, driven by ReelShort and DramaBox. ReelShort's microdrama 'The Double Life of My Billionaire Husband' has pulled 800 million views. The article questions how this short-form content affects long-form media.CreativescreenwritingShort Drama Platforms: Who’s Building the New Frontier and What Screenwriters Need to KnowShort drama platforms like DramaBox, ReelShort, and NetShort are monetizing serialized vertical content via coin-unlock, subscription, or ad models. Writers must craft cliffhangers every minute and open with conflict. Major platforms are acquiring pitches, and new entrants like Vigloo and regional players are emerging.TelecompaperSingtel expands ReelShort across four Southeast Asian marketsReelShort expanded its vertical micro-drama platform to four Southeast Asian markets through partnerships with Singtel, Telkomsel, Globe, and AIS. The launches cover Singapore, Indonesia, Thailand, and the Philippines, which together account for nearly 70% of the region's population.KoreatimesAffairs, family secrets in 1-minute episodes: Chinese microdramas hook Southeast AsiaChinese microdramas are gaining traction in Vietnam and the Philippines, with platforms like DramaBox and ReelShort recording hundreds of millions of downloads. Over 220,000 new titles were generated by AI in the first half of 2026, and in-app shopping is monetizing viewer engagement.KoreatimesAffairs, family secrets in 1-minute episodes: Chinese microdramas hook Southeast AsiaChinese microdramas, low-budget vertical episodes, are gaining traction in Vietnam, the Philippines, and Thailand, bypassing anti-China sentiment. Platforms like DramaBox and ReelShort have recorded hundreds of millions of downloads, and developers are releasing over 220,000 AI-generated titles in the first half of 2026.