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In addition, livestreaming apps have reinforced ancillary industries. China's government is taking steps to regulate the livestreaming industry. According to the Ministry of Commerce, over 10 million livestreaming events will ensue in the primary half of 2020, that's the equivalent of nearly 55,000 events a day. In addition, two favourite livesteaming agencies in China, Viya and Wei Ya, had sales of RMB 3,5 billion in 2016 alone. Some of the largest companies are making an investment in livestreaming platforms, hoping to improve their services. The industry also is a profitable one for livestreamers, called "anchors," who earn good-looking amounts of money from digital gifts bought by viewers. Some agencies, reminiscent of Three Minute TV, deliver knowledgeable anchors for the livestreaming industry. While livestreaming remains to be basically a sort of communication, the industry is moving to new horizons. For example, Momo's livestreaming platform has become its biggest income stream. Moreover, the app has advanced beyond its social networking roots to become a platform for top-exceptional content. In 2016, nearly half of China's web users viewed livestreams.
16.02.2023

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