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March 23, 2017 02:10 pm GMT

Tencent leads $350M investment in Chinese photo/streaming app Kuaishou

We reported last month that China-based photo app firmKuaishou is gearing up for an IPO in the U.S. later this year. Well the company, which also offers live-streaming video in its service, has stopped to refuel its tanks first after it raised $350 million in fresh funding led by Chinese internet giant Tencent. Tencent, Asia’s highest valued tech company,confirmed to TechCrunch that… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3iblshayz-Q/

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Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

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