South Korean giants will launch streaming platforms to compete globally with Twitch

With the departure of Twitch from South Korea, the doors were open to competition that will now extend to the entire world.

Claiming that operating in South Korea was “prohibitively expensive”, the Twitch in addition to competing with the Kick It is YouTube At a global level, there will now also be two more platforms that will compete in the same space and which, interestingly, are South Korean.

According to the StreamElementsthe South Korean streaming services AfreecaTV It is Naver will launch global platforms this year.

The Korean giant Naver have your streaming service CHZZK currently in beta, scheduled for release in May. Already the AfreecaTV will be rebranded as a global streaming platform called SOOP and its beta version is scheduled to be available in English later this year.

CHZZK It is AfreecaTV have been competing in the South Korean market and are now preparing to take this rivalry to the entire world.

To put the size of platforms in South Korea into perspective, in January 2024 the AfreecaTV had 105 million hours watched and the CHZZK had 25 million hours watched and in March this value more than doubled to 59 million hours watched.

Before leaving South Korea, Twitch had 68 million hours watched in January.