VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
As reported by Sina Technology, the Chinese mobile gaming live streaming platform chushou.tv has raised RMB 500m in its new financing round, with Google as the lead investor.
Media reports had presumed that Google would make a return to the Chinese market. In fact, prior to this investment, Google had announced in early December that they had set up Google AI China Center.
chushou.tv is the first ever live streaming platform specializing in mobile game broadcasting, with its live streaming programs covering popular mobile games such as King of Glory, Fight for Freedom and Cross Fire. In 2016, the platform raised 20 million dollars and RMB 400 million in April and December respectively.
Up to July, 2016, chushou.tv’s DAU had been over 7 million. Earlier this year, the Chinese singer Zhang Yixing, a chushou.tv ambassador conducted a live streaming program on the platform attracting over 20 million viewers for the 3.5-hour program.
Source: Sina
Proofread by Raymond Fitzpatrick
Related coverage
Hong Kong to invest HK$ 100 million in eSports
01 Mar 2018
Tencent leads $226m investment in Douyu TV
17 Aug 2016
YuuZoo forms e-sport joint venture in China
04 Jun 2015
In China, Esports a sport or not?
26 May 2015
KPL collaborates with new retail supermarket Super Species
12 Dec 2018
More from Yutang Sports
Future of Sport: a resounding success for the Global Sports Week and Viva Technology collaboration
21 Jun 2023
SportAccord scores Summit touchdown with NFL
18 Jan 2024
HealthAccord spotlights mental health and female athlete well-being
08 Feb 2024
SportAccord’s conversation with FEI President Ingmar De Vos: Equestrian sport’s road to Versailles
22 Apr 2024
SportAccord 2024 - MediaAccord is ‘rare opportunity’ to meet before Paris 2024
08 Mar 2024
Yutang Sports
loading...