A bitter winter of the video platform industry
Posted On December 10, 2018
Video platform industries are definitely experiencing a bitter winter. Following the acquisition of Yizhibo by Weibo and NetEase backed Bohe’s shut-down, redundancies are rumored at Douyu, another leading video service provider, where 70 stuff was reported to be laid off recently. This is not the first time Douyu has encountered a financial shortage problem – dating back to December of 2017.