Youku Tudou helps show Yinhekuyu series B funding

Jun 29, 2017 • Sam Shaw

Online video producer Yinhekuyu Media has raised $29.4m in a series B round that included Youku Tudou, one of the Alibaba subsidiaries with which it will partner for new shows.

China-based video content producer Yinhekuyu Media has raised a RMB200m ($29.4m) series B round featuring Youku Tudou, an online video platform owned by e-commerce company Alibaba, China Money Network reported on Wednesday.

The round was led by Yunfeng Capital, the private equity firm established by Alibaba founder and chairman Jack Ma, and included angel investment vehicle Hong Tai Fund.

Founded in 2015, Yinhekuyu produces short videos, films and televisual dramas for viewing online. The funding will support development of a…

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