Beijing-based platform reveals huge wealth gap for its live streamers in IPO filing, with 95 per cent making nothing at all

• Huafang’s IPO prospectus reveals the stark disparities among its over 10 million broadcasting hosts
• Only 19,000 Huafang influencers received over 10,000 yuan (US$1,433) worth of tips for their performances in 2021: IPO filing shows