On June 16, sales generated from live streaming on the Kuaishou platform reached 1.4 billion yuan. Photo: HandoutOn June 16, sales generated from live streaming on the Kuaishou platform reached 1.4 billion yuan. Photo: Handout
On June 16, sales generated from live streaming on the Kuaishou platform reached 1.4 billion yuan. Photo: Handout

Kuaishou to invest 3 billion yuan in Chengdu to build live-streaming e-commerce headquarters

  • The popular short video platform wants to build a live-streaming ecosystem in the city with a 5G short video industry base
  • Live-streaming e-commerce is trending in China, as a growing number of traditional merchants move sales online in the wake of Covid-19
Topic |   Ecommerce
On June 16, sales generated from live streaming on the Kuaishou platform reached 1.4 billion yuan. Photo: HandoutOn June 16, sales generated from live streaming on the Kuaishou platform reached 1.4 billion yuan. Photo: Handout
On June 16, sales generated from live streaming on the Kuaishou platform reached 1.4 billion yuan. Photo: Handout
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