Creative

“Currently, 25% of Gostream’s revenue comes from markets outside of Vietnam, including India, Cambodia, Thailand, and Indonesia,” said the co-founder.

Chinese entertainment firms are betting on the booming trend, but will virtual shows remain a thing after the pandemic?

Several high-profile ByteDance products flopped or failed to gain steam.

WeChat Read, with 210 million registered users, has grown on the back of the WeChat network.

As of October, China’s music streaming services reached 620 million MAUs, while paying users surpassed 70 million.

Bilibili’s Nasdaq-listed stock rose more than fivefold this year.

Similarly, its competitors had announced talent hunt shows and competitions to increase their pool of content creators. 

Coin Master is Moon Active’s most popular game, doubling the company’s revenue to USD 1.1 billion this year.