Tencent has led a $100m series B round for DouyuTV, a live video platform where audiences can watch other users play video games.
China-based video streaming service DouyuTV has secured $100m in a series B round led by internet company Tencent, China Money Network reported yesterday.
Sequoia Capital China and Nanshan Capital also took part in the round, reports of which first surfaced in a September 2015 article in the Wall Street Journal.
Game developer Zeus Interactive also participated, according to All China Tech, which also revealed that Tencent provided $61.5m of the funding.
Founded in 2013, DouyuTV operates a live video streaming…
