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Zhong Lun Represented Kuaishou in its New Round Financing of USD 350 Million
Zhong Lun Represented Kuaishou in its New Round Financing of USD 350 Million
Release time：2017-03-24
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Kuaishou recently completed its new round financing with the investment amount up to USD 350 million. Tencent was the leading investor in this transaction. Zhong Lun Law Firm represented Kuaishou in this transaction. The Zhong Lun team was led by partner Bill Shang, and assisted by associates Tiffany Yan, Daniel Shen and Diana Shan.
Kuaishou has engaged in the business of the life sharing platform. Its Kuaishou app currently has more than 400 million users, over 50 million daily active users and over 5 million videos uploaded every day, and it has always been ranking the first on the domestic mobile apps’ traffic list for three consecutive years.