HK-listed Inke acquires youth-focused social app Jimu for $85m

HK-listed Inke acquires youth-focused social app Jimu for $85m

Photo by Nicolas LB on Unsplash

Inke Inc, a Hong Kong-listed Chinese livestreaming platform, has announced its acquisition of Jimu, a social networking platform that targets users under the age of 25, for $85 million.