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Live.me Raises $50M In Series B From Bytedance

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In the second big piece of news in Los Angeles from Chinese company Bytedance , Bytedance said on Friday that it will invest $50M in a Series B funding in Los Angeles-based Live.me , a developer of an online livestreaming service. is a subsidiary of Chinese company Cheetah Mobile. Bytedance also bought LA's Flipagram earlier this year.

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