Alphabet Inc’s (GOOGL.O) Google invested in Chushou 触手直播平台, Chinese live streaming eSports platform that specializes in mobile game livestreams. Chushou announced the Google infusion is part of a $120 million round of funding the company said will help it expand globally.
Google’s decision to foray into China market through its major investment in a Chinese game streaming #startup (Chushou TV) speaks volume of where they think the money’s at https://t.co/DyaPcorcUz #Corporates pic.twitter.com/BWImQNLWZM
— XNode Accelerator (@XNodeAccelerate) December 29, 2017
Chushou features more than 8 million unique users since first launching in 2015 with average of 250,000 players live streams a day.
Chushou has built an impressive platform, with a dedicated and quickly growing base of content creators and consumers, and smart expansion plans,
said Frank Lin, who handles corporate development for Google in North Asia.
Source: Reuters: Google eyes Chinese e-sports market with investment in Chushou
Published by Thomas Apel