MX Player raises $110 million from Tencent, Times Internet https://ift.tt/36mbCVF - Walletnews For Me

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    Tuesday, October 29, 2019

    Home Business News: Latest News on Business Financial News India Business & World Business News Stock Markets MX Player raises $110 million from Tencent, Times Internet https://ift.tt/36mbCVF

    MX Player raises $110 million from Tencent, Times Internet https://ift.tt/36mbCVF

    MX Player, popular video OTT (over-the-top) platform, said on Wednesday that it has received $110 million (Rs 775 crore) in fresh funding from Chinese technology giant Tencent and Times Internet (TIL). The deal marks Tencent’s second investment into a TIL asset, after it invested in Gaana, the music streaming platform, in 2018.
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