Search engine provider Baidu invested in the round, which valued Bolo.me at $200m, as part of an agreement to integrate the startup's e-commerce technology into its platform.

Bolo.me, a China-based e-commerce platform that uses live video streaming to market products, has closed a $30 series B round backed by internet company Baidu, China Money Network reported yesterday.

Private equity firm LB Investment, venture capital firm Chengwei Ventures and other, undisclosed backers also participated in the round, as did VC firm Share Capital Partners, according to Tech in Asia.

Founded in February 2015, Bolo.me combines online shopping with video streaming technology. Consumers can watch both recorded and interactive…