Tuesday, 11 December, 2018


Google invests in Chinese live-stream mobile game platform

Google invests in Chinese live-stream mobile game platform Google invests in Chinese live-stream mobile game platform
Melba Vasquez | 05 January, 2018, 22:49

Google has headed the latest funding round of Chinese e-sports startup Chushou TV.

Google has added Chinese mobile game livestreaming platform Chushou to its list of investments in Asia.

Alphabet Inc's (GOOGL.O) Google has joined an investment in Chinese live-stream mobile game platform Chushou that brings the startup's total funding to $120 million, as the US firm eyes new inroads to China where its search engine is blocked. The platform has an estimated total of 8 million streamers and 250,000 live streams a day. About 90 million gamers have registered to watch streams of more than 1,000 games, which Chushou says means it runs the most active mobile gaming online community in China. Access within mainland China to most of Google's products - notably search, maps and YouTube - are blocked by China's technological defense system, colloquially known as The Great Firewall of China.

"Chushou has built an impressive platform, with a dedicated and quickly growing base of content creators and consumers, and smart expansion plans".

Other notable Google investments in China in recent years include taking a minority stake in AI startup Mobvoi back in 2015.

Google has invested an undisclosed sum in Chinese game live-streaming platform Chushou, bringing the start-up's total funding to north of $120 million, Reuters reported.

In December Google's parent Alphabet said it had opened a Google AI China Centre in Beijing, as it seeks to harness China's growing artificial intelligence talent pool. The same month Google CEO Sunder Pichai attended the World Internet Forum in Wuzhen.

In February past year, media reported that Google was in talks with NetEase, China's second-largest operator of online games, to form a venture to launch Google's app store in China.

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