Last August, Wang Sicong showed up on his live streaming network Panda TV to play a game of League of Legends for his e-sports team. The flamboyant son of Wang Jianlin, one of China's richest men, did not do great, but his team won. The professional match ended up getting a peak of 50 million concurrent viewers, according to Panda, setting a record for the platform.
To give some context, the record for an individual’s live stream on US-based Twitch was 628,000 concurrent viewers, when Fortnite pro Ninja played alongside rap star Drake in March last year.