China is catching up with the video streaming service similar to Twitch, which is based in USA. The ban on YouTube and many other websites in China has been a barrier to the chinese users. Now, this new streaming platform Chushou hopes to progress in China with proper funding and backing up from Google.
Google is part of $120 million round of funding among other companies which will help this platform to expand around the world. Chushou is a mobile video games streaming service that has accumulated more than 8 million unique streamers since first launching in 2015, with an average of 250,000 players streaming daily.
YouTube has always had it’s own gaming portal to stream video game play, but inspite of the ban they hope to make Chushou far reaching and profitable in the near future.
Frank Lin, who handles corporate development for Google in North Asia said “Chushou has built an impressive platform, with a dedicated and quickly growing base of content creators and consumers, and smart expansion plans.”
The surge in popularity of streaming services is grabbing attention of big companies and the revenues are expected to skyrocket by 2020.