The electronics producer has led an $80m round for social content recommendation platform Zuiyou, whose shareholders also include SIG Asia.
China-based online content recommendation platform Zuiyou has closed an $80m funding round led by consumer electronics manufacturer Xiaomi that included undisclosed existing investors, PEdaily has reported.
Zuiyou operates an online platform that enables users to share and recommend curated or viral media, photo, video and audio content, leave comments and forge relationships online.
The company has accumulated more than 1 million registered users since its June 2018 launch and currently has more than 100,000 daily active users. It targets users…
