Monday, August 15, 2016

Tencent leads the US$226M financing of Twitch-like streaming site, Douyu TV

The company isn’t even the top dog in China, Huya TV can claim the title of most popular videogame streaming service. China’s Twitch-like game streaming platform Douyu TV announced on Monday that it had closed a Series C financing round of RMB1.5 billion (US$226 million) led by tech behemoth Tencent and Phoenix Capital. AllChinaTech reported...
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