The U.S. based internet giant Google has reportedly invested into Chinese mobile game live streaming platform Chushou. The Beijing-based startup already has Qiming Ventures, Alpha X Capital as its backers. After Series D funding round, the capital now totals to $120 million for Chushou.
The last Chushou funding, announced almost exactly one year ago, was $58 million and prior to that, it had raised about $20 million. According to TechCrunch the Chinese media reports last week, which put Chushou’s new round at 500 million RMB (about $77 million), weren’t accurate.
Earlier reports suggest that Google has inducted close to $61 million in Chushou.
In a press statement, Frank Lin, Google’s principal of corporate development in north Asia, said “Chushou has built an impressive platform, with a dedicated and quickly growing base of content creators and consumers, and smart expansion plans. We’re excited to be supporting Chushou through this investment to help them execute those plans, bringing great mobile gaming content to more people around the world.”
Chushou claims to have close to ten million streamers, with concurrent users hitting 2,50,000 every day. Among the thousand supported games, ninety million gamers are registered users, making the platform one of the largest active gaming online community in China.