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Friday, December 20, 2019 12:57:16 PM
Somewhere I read that if you don't have one billion yuan or 150 million dollars you don't even think about going into streaming industry. My guess is that the holding company is loaded with money and have some business plan beyond just live streaming. As I mentioned before, China's Wanghong economy is changing the landscape of advertisement and e-commerce. It will not be surprising if we see the holding company going into these businesses.
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