SHANGHAI :
Chinese Short Video Platform Pearvideo Pools USD25.3 Million of Financing
Zhang Xia
DATE:  Nov 17 2017
/ SOURCE:  Yicai
Chinese Short Video Platform Pearvideo Pools USD25.3 Million of Financing Chinese Short Video Platform Pearvideo Pools USD25.3 Million of Financing

(Yicai Global) Nov. 17 -- China's largest informational short video platform Pearvideo has pooled USD25.3 million in a series pre-A financing round led by People.cn Co. [SHA:603000], Zero2IPO Group reported today.

Pearvideo did not disclose its latest valuation. Pearvideo and People.cn are discussing additional collaborations.

Pearvideo covers business, society, science and technology, entertainment and daily life. It produces video content and accumulates more than 500 million video plays a day online.

Beijing Weiran Network Technology Co., which The Paper Chief Executive Qiu Bing founded, runs Pearvideo. The company released the platform last November, and later received backing from China Media Capital.

Follow Yicai Global on
Keywords:   Pearvideo,Short Video