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Toutiao, yet another Chinese livestreaming app, is run by Bytedance Inc. , which also owns Douyin. Douyu is a Chinese video streaming provider operated by Wuhan Douyu Internet Technology. According to its web page, the site has over 60 million monthly active users and claims 600 million users. Douyu started as a gaming live-streaming site, but has since increased into a more basic live-streaming app. Its daily active users increased by more than 20% last year, according to the web page. In 2017, the number of live-streaming apps in China hit 668 million users, in step with a government-backed industry body. The higher popularity is attributed to the growth of Chinese internet era, the rising number of young those who are more comfortable sharing their lives online, and the demand for short, real-time amusement. Among other things, the Chinese live-streaming apps are most popular for sports, online games, reality shows, and concert events. China's livestreaming industry has become an essential element of e-trade, with a market worth $63 billion. This is 9% of the nation's entire e-commerce industry, and it is anticipated to double in size this year alone.
28.03.2023
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