Information creates value. Live broadcast creates information and realizes value through e-commerce. After taking the innovation relay baton of e-commerce，livestreaming e-commerce has become the most dynamic mode of social e-commerce in four years，and the year 2019 is the first year of livestreaming e-commerce. This report introduces the status quo of livestreaming e-commerce in terms of the trading scale，business model，MCN institutions，live scene，and the profile of both the livestreaming hosts and audiences. And the characteristics of livestreaming e-commerce，as well as the problems，are also analyzed. Policy recommendations are put forward on the basis of predicting the development trend of livestreaming e-commerce，i.e.，strengthening the construction of industry standards and regulations，normalizing the order of industry competition，stipulating the responsibilities of the parties involved，and promoting platform of livestreaming e-commerce to undertaking the responsibility of monitoring，etc.