Chinese live streamer does $2bn of sales in one day

  • Crazy numbers. Is there something comparable in terms of show format in the US/Europe? Or is this something to swap over from China and which Amazon will pick up on in the next months/years?

  • Is there an estimate as to how much of that $2 billion he saw as commissions? Even a 1% commission would $20 million.

  • The amounts of life ecommerce sales are staggering

  • Late stage capitalism indeed.

  • Coming soon: a 50 RMB tax on each livestream sale for "common prosperity". And by "common prosperity" I mean bail out Evergrande.