Chinese e-commerce live streaming platform Aiguang Platform has secured $20 million in a new round of equity financing from two institutional investors at a post-money valuation of $200 million.
The transaction of the new round was completed on June 23, 2020, said China Youzan Limited in a recent filing with the Hong Kong Stock Exchange (HKEX). Hong Kong-listed retail technology service Youzan’s equity interest in Aiguang was diluted to 9 per cent post the investment.
