Can Facebook Gaming Disrupt the Game Streaming Market?
Last year, Facebook (NASDAQ: FB) launched Facebook Gaming, a game streaming platform aimed at challenging Amazon's (NASDAQ: AMZN) Twitch. Streamlabs reports that between the first quarter of 2018 and the second quarter of 2019, Facebook Gaming's number of active streamers surged 236% to an all-time high of 153,000.
Twitch had 2.94 million active streamers in September, but that marked a drop from its 3.67 million streamers a year earlier and indicates that it's losing ground to rivals like Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube, Microsoft's (NASDAQ: MSFT) Mixer, and Facebook Gaming.
Facebook remains in fourth place behind those three leaders, but it has a few tricks up its sleeve. Let's examine three ways it plans to catch up.
Source Fool.com