In the first half of 2018, eight live-streaming platforms in China raised approximately 10 billion yuan (US$11.6 billion). Among them, leading platforms HUYA Inc. and Douyu TV account for nearly 70% of the total.
According to Chinese media reports, the popular live-streaming platform Douyu TV, is rumored to go public in Hong Kong next month at a valuation of $700 million.
When Dale Carnegie wrote his magnum opus almost a century ago, he was most certainly not prepared to address social phenomenons such as live streaming in our ever-evolving digital era.
“I just killed time in a more meaningful way,” Api said of the last weekend. Api finished round one of Arena of Valor at 2:25 am on January 6. He quickly brushed his teeth and jumped in bed to wait for a live stream scheduled to begin at 11:30 pm on Xigua Video.
Fans were saddened by the sudden death by exhaustion of online gaming host Gu Wang. Gu Wang, a hard-working host whose live broadcasts began at midnight and ran until 9 am. Media reported that Gu Wang suffered burn-out and died because of his unhealthy lifestyle. According to records from his channel, he was streaming a…