An online platform which allows users to live-stream mobile games has received an investment from Google, according to a combined statement by both companies.
The Chinese startup, Chushou, has given gamers live-streaming capabilities for online e-sports gaming since its founding in 2015.
“Chushou has built an impressive platform, with a dedicated and quickly growing base of content creators and consumers, and smart expansion plans,” Frank Lin, who manages corporate development for Google in North Asia said in the statement.
According to the statement, the $120 million Series D investment round also saw participation from Qiming Venture, Shunwei Capital and Alpha X Capital.
The investment in the Chinese company comes from one whose search engine has been blocked in China since 2012, which has been a roadblock for the multinational company. The investment comes after Google’s recent 2015 investment in Mobvoi, a Chinese artificial intelligence company.
In 2015, Google launched a service via YouTube which also allows for live-streaming of game content, but works for PC games. Chushou, which already has eight million streamers, will receive assistance from Google in accessing markets overseas. According to the statement, the startup brings in 250,000 live streams per day.
Google has been taking steps in the Chinese markets having opened an artificial lab in the country in December, organizing an artificial intelligence competition with the Chinese Go Champion Ke Jie, and with the company’s CEO Sundar Pichai speaking at a Cyberspace Administration of China event.
(Picture courtesy: https://design.google/)
elegant jazz
work music