Wanghong (网红 or internet celebrity in English) have gained a lot of traction this year, fueled mostly by live streaming services. The wanghong economy has become so big that its current 2016 value is worth more than the film industry’s 2015 gross box office total, according to a report released by CBNData.
Chinese online video viewers reached 504 million, 73% of the total Chinese internet users, and mobile video viewers were 405 million as of 2015.
As live streaming and wanghong economy were one of the hot topics this year, TechNode has brought the top 10 stories from live streaming market.
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