Social Media Platform Sugar Raised Tens of Millions Yuan in an Investment Led by Lightspeed China Partners

Social media platform Sugar raised tens of millions yuan in an investment led by Lightspeed China Partners. The investment will sued on product development and user growth.

Sugar focuses on user quality and “make a wish” matching. According to statistics by Sugar its DAU is researching 100,000 since it was established. 90% of them are people born after 1995, and more than 50% of them are born after 2000.