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China’s live streaming market grew 180% in 2016

According to an internet market research firm iResearch, China’s live video streaming market was estimated at RMB 20.8 billion (around US$ 3 billion), which is an 180% growth from the previous year.

The four big live streaming companies including YY, Tian Ge Interactive, Song Cheng (the parent company of 6.cn) and Momo recorded a combined revenue of more than RMB 11 billion in live video streaming.

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