Weibo Live Streaming in China Creates New Market
By Michelle Guanzon, August 12, 2016 16:08 PM
China's major networking platform known as Wiebo Live is also earning with its live video streaming feature just like other counterparts such as Facebook Live and Periscope.
The said networking platform of China created more than 10 million live broadcasts between the month of April and June, which increases more than 116 percent compares to its performance within the first three months of this year.
The Weibo Live is being used by brands and famous media outlets to deliver content to users aside from its casual individual users. Though some of its features are unfamiliar compared to Periscope and Facebook Live, this made Weibo Live serves a new platform for users.
Moreover, Weibo Live allows users to share virtual gifts which cost real world money, a feature not supported by Periscope and Facebook Live. These virtual gifts serve as a token of appreciation for the live stream host. The broadcaster can then convert these virtual gifts into real world cash.
In fact a 23-year-old web celebrity has been able to earn up to $150,000 through her online streams. She turned her project into a media startup this year and managed to attract $1.9 million in venture capital funding, Tech in Asia stated.
More from CCD
Another move by the Chinese government on religion is yet again reported in the news this week.
Despite the efforts to clean the smog in China, a study reveals it has already a lasting impact in China.
On March 29, 2018, Rev. Johan Tidemann Johansen from the Lutheran Free Church of Norway was awarded with the title of honorary citizen of Ankang, Shaanxi.
One of the most notable South Korean citizens once kidnapped by North Korea passed away.
Is this true or hoax?
Bishop John Chew Hiang Chea, the retired 8th archbishop of Singaporean Anglican Diocese, spoke at the session of "Religious Leaders Dialogue" during the "Asian Davos" on behalf of Christianity.
Learn why this heiress become violent and what was done after her spiel.
A number of negative comments has been poured at Sina Weibo for controversial gay content ban.
A Chinese man was apprehended after he was identified by the CCTV.
Did Sailors at the US Naval Base in Okinawa Try to Convert Japanese Military Families to Christianity?
How can this Bible dispute trigger a controversy in the US Navy?