China\'s online streaming users exceed 600 mln

China's online streaming users exceed 600 mln

Press Trust of India  |  Beijing 

The number of in had reached 609 million as of June this year, according to an industry report released Wednesday.

The report was released by Netcasting Services Association (CNSA) on the sidelines of the ongoing & Video Convention, held in Chengdu, capital city of southwest China's Sichuan Province, state-run agency reported on Wednesday.

Strong growth has been posted in the short-video market.

As of June, the number of short-video users had reached 594 million, accounting for 97.5 per cent of China's total The short-video market is expected to be valued at 11.8 billion yuan this year, a year-on-year increase of 106 per cent, the report said.

"The use of latest technologies, such as big data and virtual reality, has pushed forward the upgrading of China's online video market," said Zhou Jie, of the CNSA.

The CNSA is a national association established in 2011 and published its first report in 2015.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, November 28 2018. 17:36 IST