Recently, the livestream platform has been booming.The success of a livestream platform hinges on audiences’ following, while the revenues of the platform and its streamers mainly hinge on audiences’ subscription.This study applies the theories and variables of co-experience, group identification, and bandwagon effects to explore the determinants of continuous following intentions and subscriptions toward a livestream platform.This study conducts a questionnaire survey and uses SPSS and AMOS to analyze data received from 418 respondents.Our results show that except for the hypothesis between conformity and subscription, most of our proposed hypotheses are empirically supported.Implications for practices and theory are briefly discussed.