Streaming Platform Douyu to Get RMB 4 Billion from Tencent

 /  Game  / 
Tencent has been backing the platform since March 2016 when it led a $100 million B financing round along with Sequoia and Nanshan Capital. It also participated in Douyu’s RMB 1.5 billion worth C financing round in August the same year. Read More

Live Streaming is China’s Killer Social Network

 /  News  / 
Live streaming hype was so intense in 2016 that the government quickly stepped in to ensure that platforms are compliant with relevant regulations. Read More