June 2016, Hunantv.com completed its B round investment via capital increase. In this transaction, the investors purchased the newly increased registered capital amounting to RMB 1,472,875,000 in Hunantv.com by RMB 1.5 billion (in cash), the post-money valuation of Hunantv.com has reached 13.5billion after the completion of the transaction.
Hunantv.com is the only platform affiliate to Hunan Broadcasting System that operates new media business, Hunantv.com renders full-round terminal services including hunantv (internet tv, pc, phone, pad), hunan IPTV and mobile value-added services, etc.
As legal counsel for Hunantv.com, Llinks provided a full range of legal services for this transaction.
