Huafang reveals huge income disparity for its influencers. Photo: Xinhua
Huafang reveals huge income disparity for its influencers. Photo: Xinhua
E-commerce

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

Huafang reveals huge income disparity for its influencers. Photo: Xinhua
Huafang reveals huge income disparity for its influencers. Photo: Xinhua
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