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Internet media report for the third quarter of 2020 From GP Bullhound

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The following is the Internet media report for the third quarter of 2020 From GP Bullhound recommended by recordtrend.com. And this article belongs to the classification: research report, Network media.

GP bullhound released the third quarter of 2020 online media report, which analyzes four major trends:

Gyms are closed and online fitness subscriptions and devices are becoming more popular

Online fitness subscription business is booming. With the continuous spread of covid-19, traditional fitness centers are facing challenges. Investors are funding technology fitness companies that can replicate the gym experience at home. Peloton, for example, reported a 66% year-on-year increase in revenue in the third quarter to $524.6 million, offering bicycles, treadmills and a $39 monthly subscription to live fitness classes. In September, zwift, which is headquartered in California, raised US $450 million through round C. It provided online riding courses and simulated Tour de France through virtual reality.

The rise of peer-to-peer E-sports and competitive games

The lock-in caused by the virus has led to a surge in the use of game platforms. Twitch, for example, has played 2 billion hours of games during the pandemic. The E-sports and mobile game Super League (MPL) raised $90 million in round C financing. So far, MPL has accumulated more than 60 million users.

Social media became a hot topic in election year as the government tried to censor online content

People are increasingly relying on social media as the main source of news. A recent Pew Research survey found that 18% of Americans get news from social media, 16% rely on cable TV, and 25% directly access news apps or websites.

Online education embarks on a new road

Millions of students and teachers are turning to distance learning because of the covid-19, and online education is rapidly becoming crucial. Classroom teaching promotion platforms, homework collaboration tools and academic disciplines for science, technology, engineering and Mathematics (stem) and social and emotional learning (SEL) have been added to the regular curriculum.

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