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China’s Tencent backs India’s Video Streaming Service MX Player with $111M Investment after OLA, Gaana, Swiggy in India

China's Tencent backs India’s Video Streaming Service MX Player with $111M Investment after OLA, Gaana, Swiggy in India

Video app MX Player has raised $111 million in fresh funding from China’s Tencent and its existing owner Times Internet. The deal is Tencent’s second investment into a Times Internet company, after it backed music-streaming platform Gaana last year. The Series A round, said to be raised at a valuation of $500 million, will help […]

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