Developer behind China’s most popular video platforms planning US IPO later this year

China’s burgeoning video and live-streaming sector is going to welcome its first IPO wave this year. Just weeks after Kuaishou’s IPO news broke out, Yixia Technology, the Beijing developer behind Chinese top video blogging app Miaopai, is planning a U.S. IPO later this year, our sister site TechNode Chinese is reporting, citing people with knowledge of the matter.

Sources tell us the company is going to appoint senior management next month, which they translated as a signal for the listing.

“They [Yixia Technology] are planning to get listed in the second half of this year, very likely in the U.S. market given that Weibo, a major investor of Yixia Technology is listed on NASDAQ,” our source told us.

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