Live Streaming

The company moved fast to meet explosive growth in the demand for cloud-based video services the education and corporate training sectors during the COVID-19 pandemic.

The move, which the company said will serve to improve consumer safety, is another step for ByteDance towards making Douyin a fully-fledged e-commerce platform.

Haokan, which is similar to Baidu’s Xigua, had 110 million daily active users as of last November.

A clip of the livestream circulated on Weibo after a blogger shared it online.

Weishi launched its Chinese Farmers’ Harvest Festival Shopping Season in a bid to get more farmers selling their produce on the the platform.

Rheo’s flagship app has been downloaded 2.5 million times, while Rheo Studio has crossed 100,000 downloads with 50,000 registered livestreamers on the platform.

This move allows smaller companies and livestreamers to capitalize on the rapidly growing livestreaming e-commerce sector in China.

Ono is on a mission to grow the company’s livestreaming business in international markets like the US and India.