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Major internet events in 2016

(chinadaily.com.cn) Updated: 2016-11-14 06:57

China's internet celebrity economy takes off

Internet celebrities know how to attract users' attention, which can translate into cash through online advertising and e-commerce.

Papi Jiang, an internet celebrity who became famous by posting satirical videos on social media sites, received 12 million yuan ($1.8 million) in venture capital this March for a 12 percent stake in her team.

Major internet events in 2016

A woman and a man in a commercial live streaming event help sell essentials in Hangzhou, Zhejiang province. [Photo/China Daily]

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