The document discusses the rise of live streaming as a new trend on social media platforms. It provides background on what live streaming is and how major platforms like Facebook, Twitter, and YouTube have begun incorporating live streaming features. The reasons given for this shift include driving more user engagement and revenue. Live streaming is growing rapidly in China, where nearly half of internet users employ live streaming apps. The document outlines both opportunities and challenges of live streaming, such as the need to balance personal branding and external validation. Examples are given of how live streaming is used for e-commerce and by internet influencers in China.