Douyu TV announced a Series C financing round of RMB 1.5 billion, led by tech giant Tencent and Phoenix Capital.
Tag: gaming industry
Li Xiaofeng, more widely known as Sky, his gaming alias, was the champion of the World Cyber Game for two years and later founded an e-sports devices company.
Rumors that Tencent will be investing in the game-focused live video platform Douyu TV have just been confirmed, a move that will help Tencent beef up its online game business.
Having spotted opportunities for innovation, an old hand in the game industry will re-enter China’s world of gaming with his all-in-one VR device.