Chinese P2P Companies Flourish

According to Pacific Epoch, the Chinese P2P company Xunlei might be planning to gather a final round of $100 million through collaboration with U.S. business enterprise companies.

However, Xunlei doesn’t seem to be the only Chinese P2P company cashing in lately. As the Chinese market research company iResearch informs, P2P companies such as PPLive and PPStream have become a real honey pot for the investors from advertising. Their current welfare with regard to revenue is due to an impressive number of viewers who watch loads of video streams. Chinese model proves to be one that many similar services should draw their inspiration from.

It looks like the number of users for Chinese P2P providers is getting high sky, iResearch reports. We learn that PPLive is leading the way at the moment, cropping about 24 million active users in May. The next in line is PPStream with 23.5 million users, followed by QQLive with approximately 17 million users, UUSee with a figure close to 10 million users and Tudou staying in the race with 7 million users.

The Chinese market research company doesn’t stop here with the unveilings: in what concerns the ads revenue things look something like this - PPLive has already got a hold of about 23 million RMB ($3.4 million) in the first six months of this year. PPStream managed to collect 15 million RMB (during the same period of time). At the same time, PPFilm and UUSee both reached a level of revenue of 4.6 million RMB each.

We can easily reach a conclusion of our own here - in China, P2P startups are thriving (which isn’t exactly the situation with their video portal fellows). One might wonder why the situation (if we consider the U.S.). Should it be due P2P video platforms in China focusing on safe TV fare and gave up what could have possibly seen as troublesome user-generated content. Well, it remains to be further seen.