Rise of foreign stars in Chinese social media marks the beginning of a new trend
China’s internet celebrity economy has expanded exponentially in recent years. According to a report released by iResearch, the number of online celebrities in China with more than 100,000 followers has increased by 57.3 percent since 2016. With a single embedded ad in a WeChat post worth up to $145,000 USD for influencers with dedicated followings, and a total market estimated at $14 billion USD in 2018 by Beijing-based research agency Analysus, it’s a sizeable, attractive market for internet personalities. Chinese internet celebrities have capitalized on these huge audiences and lucrative businesses, but foreigners have started to realize they can join…
This story continues at The Next Web
from News Aggregator - Top News Stories From Your Favourite News Source | News Vally http://bit.ly/2Q5fQri
No comments
Post a Comment