
China’s Weibo leads $200m round for video app maker
Chinese social media platform Weibo Corporation has led a $200 million Series D round of funding for Yixia Technology, a Beijing-based mobile video app developer.
Sequoia Capital and South Korean entertainment firm YG Entertainment also participated. The round values the company at more than $1 billion. Founded in 2011, Yixia is the developer of mobile apps Miaopai...
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