Friday, February 4, 2011

Chinese Online Video Company PPLive Raises A Whopping $250 Million

PPLive, a Chinese online video company, has raised a monster Series D round from SoftBank, securing as much as $250 million. With the investment, SoftBank has taken a 35% stake in PPLive, which offers China's leading online streaming and VOD service PPTV.

Gwen Stefani Sunny Mabrey Karolína Kurková Laura Harring Naomi Watts

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