China’s live streaming service goes viral in 2016. The heydays of the flourishing vertical arrive in the first half of this year. Back then, there were more than 300 live streaming platforms in the country thanks to abundant capital supports and easy market access.

“It takes only around two days to develop a live streaming app by using the development kits provided by Tencent Cloud or Ali Could,” said Lei Tao, cofounder of Yixia Technology, the company behind China’s top video blogging and live streaming apps of Miaopai, Xiaokaxiu and Yizhibo.

Despite the growth, there’re also concerns that a bubble is formed around the industry. Several industry insiders predicted that the sector is going to be consolidated as half the players going to breathe their last within one year.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.