Tencent leads $350m round for VC-backed Kuaishou
Kuaishou, a Chinese live-streaming video app backed by VC investors and search engine Baidu, has raised $350 million in a new round of funding led by Tencent Holdings.
The company didn’t disclose whether other existing backers also participated in the round. Kuaishou was founded in 2011 as a photo-sharing app. It subsequently added new functions to allow users to...
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