Xstream Software

What Xstream Software does

OKVIP is an online gaming and entertainment ecosystem operating under the legal entity LIÊN MINH OK VIP SOCIAL MARKETING, a private company domiciled in Hanoi, Vietnam and licensed by the Ministry of Information and Communications on November 20, 2010 (License 199239/GP-BTTT, tax code 25251325). The platform is structured as an alliance of branded sub-products — OKVIP IO, OKVIP WORK, OKVIP INK, F168, QQ88, and DF999 — anchored by a core free-to-play gaming and prize-drawing offering, with Thể Thao OKVIP (sports betting) as an add-on module providing match schedules, transfer news, and sports news.

The target customer is the individual online entertainment consumer in Vietnam and, by stated ambition, the broader Asian market. Distribution is digital-first: a primary web platform (younitenetwork.tv) is supported by active social channels on Twitter, Facebook, Pinterest, Telegram, and YouTube, plus referral links for user acquisition. The business model is described as freemium — core games are provided at no charge — with revenue mechanics not transparently disclosed but logically concentrated in the sports betting module and broader alliance ecosystem.

The company's go-to-market combines content marketing, community engagement on Telegram and Facebook, recurring offline brand activations (e.g., annual Halloween events at The Face Club), and a high-visibility corporate social responsibility program — including a 13.7 billion VND typhoon relief donation in 2024 and ongoing infrastructure philanthropy (bridges, housing, school renovations across 30 localities) — that doubles as brand building in the Vietnamese market. No AI/ML capabilities, API, SDK, or mobile app is documented. The company is founder/owner-operated under CEO & Founder Trần Thị Thanh Thủy, with no external parent, venture capital backing, or public listing identified.

Note on data quality: the firmographics block attached to this record describes "Xstream Software," an Ottawa-based SharePoint consulting firm founded in 1998 with 51-100 employees. This appears to be misattributed metadata; the substantive evidence throughout the rest of the input describes OKVIP and has been used as the analytical basis above.

Name

Xstream Software

Legal name

LIÊN MINH OK VIP SOCIAL MARKETING

Website

https://xstreamsoftware.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

OKVIP is a Vietnam-licensed online gaming and entertainment ecosystem alliance (Hanoi, founded 2010) offering free games, prize drawings, and sports betting through sub-brands OKVIP IO, OKVIP WORK, OKVIP INK, F168, QQ88, and DF999, targeting Asian consumer entertainment audiences.

Ownership category

akta.pro rank

Product category

Online Gaming Services

NAICS

Gambling Industries (7132)

SIC

Services-Amusement & Recreation Services (7900)

akta.pro primary industry

iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms) (MPAEAKAA)

Keywords

• Online gaming platform
• Gaming ecosystem
• Sports betting
• Digital entertainment
• Prize drawings

Headquarters

HQ city

Ottawa

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Marketing or Sales, Personnel, Operations

Revenue model

1. Online Gaming Services: OKVIP operates as an online gaming ecosystem alliance providing free games and prize drawings. The revenue model appears to be freemium-based, offering free-to-play games while generating revenue through the overall ecosystem ecosystem partnerships (OKVIP IO, OKVIP WORK, OKVIP INK) that contribute to the entertainment platform.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Xstream Software, operating through the OKVIP brand (Liên Minh OK VIP), runs a consumer online gaming ecosystem that provides free games, sports betting content, and prize drawings to users in Vietnam and the broader Asian market. The platform brings together multiple sub-brand entertainment portals (OKVIP IO, OKVIP WORK, OKVIP INK, F168, QQ88, DF999) under a single "alliance" branding and social marketing framework.

Product overview

OKVIP is a unified online gaming ecosystem alliance operating multiple entertainment platforms. The core OKVIP platform provides free games and prize draw programs, while sub-brands including OKVIP IO, OKVIP WORK, OKVIP INK, F168, and QQ88 function as integrated components of the alliance. The ecosystem also includes Thể Thao OKVIP (sports betting) as an add-on module. The alliance targets the Asian market and emphasizes transparency and diverse entertainment options.

Differentiator

Problem solved

Functional benefit

Brands

• OKVIP IO: Online gaming platform within the OKVIP ecosystem.
• OKVIP WORK
• OKVIP INK

Products and services

• OKVIP Gaming Ecosystem (Liên Minh OK VIP)

Quantifiable outcome

• Nearly 100 bridges built across 30 localities
• +3 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• OKVIP IOcoreStrategic or Co-development PartnerPart of of the OKVIP alliance ecosystem. OKVIP IO is one of the partner brands within the ecosystem, contributing to the overall online gaming entertainment platform.
• OKVIP WORKcoreStrategic or Co-development PartnerPartner brand within the OKVIP alliance ecosystem, working together to create a diverse and transparent online entertainment space.
• OKVIP INKcoreStrategic or Co-development PartnerPartner brand within the OKVIP alliance ecosystem, collaborating with other partners to deliver comprehensive gaming experiences.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• W88: Asian-focused iGaming and sportsbook platform with significant presence in Vietnam. Operates an alliance-like multi-brand structure (W88, W88indo, etc.) that closely parallels OKVIP's OKVIP IO/WORK/INK alliance approach.
• Fun88: Long-running Asian online betting and gaming brand with a major Vietnamese user base. Competes head-to-head with OKVIP across sportsbook, casino and slot verticals and shares a similar digital-first, multi-channel acquisition playbook.
• VN88: Vietnam-domestic iGaming and sportsbook brand. Closest geographic peer to OKVIP given its Vietnam-first positioning, similar product portfolio (sports, casino, slots), and comparable reliance on local-language digital channels.
• 12BET: Asian online sportsbook and casino operator with established presence in Vietnam. Comparable on sports betting focus, target user base and reliance on digital channels for acquisition and retention.
• 188BET: Asian online sportsbook and casino operator with a long-standing focus on Vietnam and surrounding markets. Comparable in product scope (sports betting + casino) and in its use of digital marketing for player acquisition.
• SBOBet: Major Asian sportsbook platform with deep penetration across Southeast Asia. Comparable on sports-betting-led product strategy and on serving the same Vietnamese recreational bettor demographic.
• M88: Mansion-branded Asian sportsbook and iGaming platform serving Vietnam, Thailand and Indonesia. Comparable on regulated-Asian-market positioning, sportsbook-first product, and digital-only distribution model.
• Dafabet: Established pan-Asian online sportsbook and iGaming operator serving Vietnam, Thailand, Indonesia and other SE Asia markets. Direct competitor to OKVIP in sports betting, casino and gaming verticals with a comparable multi-brand digital acquisition model.
• BK8: Asia-focused online gambling operator (sportsbook, casino, slots) with a heavy Vietnamese and Southeast Asian footprint. Direct peer given overlapping product mix, target customer, and reliance on Telegram/digital channels.

Broad incumbents

• Bet365: Global iGaming incumbent with significant Asian (including Vietnamese) user traffic. Not a direct niche competitor, but represents the upper bound on product breadth, brand recognition and digital marketing sophistication that regional operators like OKVIP benchmark against.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xtwitter.com/okvipio
• Facebookfacebook.com/okvipbavet
• Pinterestpinterest.com/okvipio

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Xstream Software