Kuaishou has changed the lives of millions in China, but will the short video app prove a good investment?

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36-year old Lin Yanqiong left her home in a small village in China’s central Hubei province to become a migrant worker at the age of 15, moving across the country to take a variety of jobs, including a nurse, waitress and masseuse.Her relatively underprivileged life changed though when she watched a streaming show by online celebrity Xinba, a guy who sold 1.25 billion yuan of products in a single live-streaming session on Kuaishou, a short video app she enjoys watching. She was shocked.“I…

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