NetEase is dumping the live-streaming video business
Posted On December 5, 2018
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Raging competition together with tightening regulations confining content creation have urged live-streaming applications to consider their next steps after hemorrhaging cash from their initial fundings. Followed by the acquisition of the leading live-streaming app Yizhibo by Weibo, NetEase today announced the cessation of operations of its backed, short and live video platform, Bohe.