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How is xigua video benefiting from video game streaming?


Asked by Fernanda McLean on Dec 14, 2021 FAQ



The video game streaming has received an income of USD 1.1 Billion, which hit the year-on-year growth of 107.2%. Xigua Video is benefiting from the video game streaming of Arena of Valor, which is the big cake during the winter of the game industry. This could be the beginning of the case.
Indeed,
Xigua Video ( Chinese: 西瓜视频; pinyin: Xīguā shìpín) is a Chinese online video-sharing platform owned by ByteDance. Originally serving primarily as a sharing platform for Toutiao 's user-created short videos, Xigua now also produces film and television content. As of June 2020, the platform has 131 million monthly active users.
Also, Xigua Video was initially launched as Toutiao Video in May 2016. On June 8, 2017, Toutiao Video officially changed its name to Xigua Video and redesigned its logo.
And,
On November 25, 2017, Xigua Video established a co-production fund to encourage content creation with an amount of RMB 2 billion. In January 2018, Xigua Live went online. In the same month, Xigua Video launched the first season of online live quiz show Millionaire Heroes.
Accordingly,
Google launched its program, Stadia, which is Google's cloud gaming service, that allows users to play streaming video games with extremely high quality. It is available through Google's browser, phones, tablets, and desktop computers.