Baixing invests in video content producer

27 Sep 2017

Baixing (百姓网), a leading classifieds site in China, played the role of angel investor when it pumped 5 million RMB ($750,000 U.S.) into the 4-month-old content producer Chengse Haiyang (橙色海洋). It appears Baixing may be interested in pursuing high-end video content for its platform via a close working relationship with Chengse Haiyang.

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Tom Marling

Tom is a PhD candidate in Chinese History at Hong Kong Baptist University, and former PR consultant in Mainland China. He joined the AIM Group in 2016 as a writer/analyst.