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And "if markets like this persist for many days or weeks, things could change," said Peter Crane, President & Publisher of Crane Data - Money Fund Intelligence.

An online poll initiated by Chinese car-hailing company Didi Chuxing whether minors can ride Didi alone has generated heated discussion, with over half of participants supporting the move.

Andy Sack

And in 2015, Amazon launched the short-lived Amazon Destinations, a travel site that sold hotel rooms and emphasized local getaways. The venture lasted only six months, and was a direct competitor to Expedia, Priceline, and Orbitz.

And this is just the beginning, according to Feng Yousheng, founder and CEO of Chinese livestreaming app Inke. During the 4th World Internet Conference in Wuzhen, Zhejiang province, earlier this month, he said the coming fifth-generation or 5G mobile technology and new-age tech like augmented reality will help make livestreaming even more powerful.