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And if you’re a retail, commerce, or logistics startup with plans for an empire of your own, why would you consider giving your hard-earned venture capital to a company that’s inclined to stomp on your neck the minute you prove you have a viable business? There are lots of companies that compete with their suppliers, such as Apple, which spends millions with Samsung on memory chips and displays, but that’s mainly because phone makers don’t have an easily available alternative for those products. Cloud customers do; as noted above, moving between cloud providers isn’t trivial, but some of the most promising cloud technologies under development right now, such as containers, Kubernetes, and serverless technologies, are being designed to make that process much easier.

And he dismissed concern about a small number of new cases detected in China recently.

Analysts at CBInsights value Douyu at .51 billion, while business information provider Crunchbase said the streaming company's total funding valued it at .1 billion.

And now one of the company’s earliest investors, angel investor and political activist Nick Hanauer, says he’s disappointed that the company he helped get off the ground hasn’t done more to give back.

And as the world grapples with the deadly novel coronavirus pandemic that essentially keeps people indoors, sucks the life out of physical stores and disrupts normal marketing campaigns, livestreaming in China is also helping affected areas revive business and expedite the digital transformation of several sectors and transactions.