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The numbers are even greater in lower-tier cities, where access to mobile internet is a big gateway to enjoyment. In addition, livestreaming apps have strengthened ancillary industries. China's executive is taking steps to modify the livestreaming marketplace. According to the Ministry of Commerce, over 10 million livestreaming events will happen in the first half of 2020, that is the equivalent of nearly 55,000 events a day. In addition, two sought after livesteaming organizations in China, Viya and Wei Ya, had sales of RMB 3,5 billion in 2016 alone. Some of the biggest agencies are making an investment in livestreaming structures, hoping to improve their services. The market also is a profitable one for livestreamers, called "anchors," who earn handsome quantities of money from virtual gifts bought by viewers. Some businesses, equivalent to Three Minute TV, supply trained anchors for the livestreaming market. While livestreaming continues to be essentially a type of communique, the marketplace is moving to new horizons. For instance, Momo's livestreaming platform has become its largest earnings stream. Moreover, the app has advanced beyond its social networking roots to become a platform for top notch content material.
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