Google Company has added Chinese game streaming platform called Chushou to the list of its investments in Asia
The Google Company has added the Chinese game streaming platform called the Chushou to the list of investments in Asia. This company is Beijing based and the firm has announced few days back that it has closed down its series D round. Now the Google Company has joined it as a new investor, rising its total funding to the amount of $ 120 million. The earlier investors of the company were the Qiming Venture, Shunwei Capital along with the Alpha X which has also been returned to the round. Although the size of the series D has not yet been disclosed the previous round of funding was $ 58 which was announced a year back. Before that, the company has raised around $ 20 million.
The investment of Google Company in Asia is now spanning across game live streaming, synthetic intelligence and process outsourcing
According to the Chinese media reports, the new round of the Chushou was put forward to around $ 500 million. The investment of Google Company in the Asia region is now spanning across the game live streaming, synthetic intelligence and the process outsourcing. The Capital G which was earlier known as the Google capital is sponsoring the optical transceiver producer company Innolight (China) along with many other Indian start-ups too. Well according to the Franklin remarks in a press statement, it is the Google which is the main company building up across North Asia .It has been mentioned that Chushou has developed quite an impressive platform.
Chushou has a dedicated and fast-growing consumer base of content creators, consumers along with its lucrative expansions plans
The company has a dedicated and fast-growing consumer base of the content creators, consumers along with its lucrative expansions plans. The Google’s spokesperson said that they are extremely excited to support the company by making an investment in the firm to support its expansion plans and its effort to bring the exciting mobile gaming content to more and more number of consumers all over the world. Well, the live streaming online sports are quite a popular form of the electronic sports in China. It is the part of the gaming industry which is involving the highly competitive gameplay which is viewed by the spectators.
Chushou claims that it is running one of the most exciting and also most lively mobile gaming online communities in China.
Launched two years back in the year 2015, the Chushou claimed that it is now having more than 8 millions of the distinctive streamers with 250000 of the streamers doing life streaming each and every day. More than 90 million of users have already registered to have a look at the streams of more than one thousand of the video games. In fact, Chushou claims that it is running probably one of the most exciting and also the liveliest mobile gaming online communities in China.