The video streaming platform has added Softbank to a list of shareholders that already included online video provider Youku Tudou.
China-based video portal AcFun has raised $60m in a series B round led by Softbank China Venture Capital, the local investment vehicle of Japan-based telecoms firm Softbank, China Money Network reported on Thursday.
Founded in 2007, AcFun operates a video sharing platform that also displays live comments from other viewers. The company’s offering mainly consists of animated films, music, sports and games.
The other investors in the round were not disclosed. AcFun has not revealed details about where it will…
