Bigo Live Raises Series C Funding

bigo_liveBigo Live, a Singapore-based social video streaming app, reportedly raised a Series C funding of undisclosed amount.

According to Tech in Asia, Ping An Overseas Holdings made the investment which brought its valuation to over $400m and total funding to $180m.

The company intends to use the new funds to expand globally and invest in research and development.

Founded in March 2016, Bigo Live provides an iOS and Android live streaming app used by over 60 million people with main markets being Thailand, Vietnam, Indonesia, Singapore, Malaysia, and the Philippines.



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