Rumor: Google Leads RMB 500 Mln Investment in Gamecasting Platform Chushou TV
DoNews, 12/27/17
US internet giant Google has reportedly led a RMB 500 mln round of funding in Chinese online and mobile gamecasting platform Chushou TV, according to media reports. A source close to Chushou TV has verified that Google and Chushou TV will soon make an announcement confirming the funding news and specific partnership plans.
According to public records, Chushou TV is operated by Hangzhou-based Kaixun Technology, which was founded in January 2011. Chushou TV is an interactive video platform focusing on mobile games and previously completed RMB 400 mln in Series D funding in late December 2016.
Keywords: M&A Chushou TV Kaoxun funding wireless Google Series D gamecasting mobile gaming