Tencent Holdings

Tencent Holdings Limited is a leading internet service provider based in Shenzhen, China, known for its extensive range of value-added services, including online games, social networking, financial technology, and online advertising. Founded in 1998, Tencent operates major platforms such as WeChat and QQ, which facilitate communication, entertainment, and e-commerce for millions of users. The company is recognized as the world's largest video game publisher, with popular titles like Honor of Kings in its portfolio. In addition to its core services, Tencent is involved in the production and distribution of films and television programs, as well as software development and digital content licensing. With a focus on user-oriented strategies, Tencent continues to adapt and expand its offerings, positioning itself as a vital part of daily life for many consumers in China and beyond.

Hongwei Chen

Executive Director of Investment

Martin Lau

President

Jeffrey Li

Managing Partner

Alvin Liu

Co-Founder

Steven Ma

SVP

Huateng Ma

Co-Founder, Chairman and CEO

Danying Ma

Managing Director

Bo Wang

Vice President, Tencent Games

Ye Wang

Associate Director, Global Data Intelligence and Data Service, IEG

Xiaoguang Wu

Senior Executive Vice President and CEO

Yao Xia

Executive Director

Levin Yao

Managing Director, Tencent Investment

Wenlei Zhuang

Vice President of Tencent Cloud and Head of Tencent Cloud Strategic Investment

phil mu

Chief Investment Officer

Dowson Tong

President of Social Network Group, Senior Executive Vice President

Past deals in Digital Media

Pocket FM

Series D in 2024
Pocket FM, established in 2018 and based in Bengaluru, India, operates a web-based mobile application offering a vernacular audio sharing platform. It provides users access to a wide range of audio content, including news, finance, stories, and entertainment, in local Indian languages and English. The platform specializes in long-form audio entertainment, with a focus on diverse and engaging content across various genres such as fantasy, science fiction, romance, horror, and thriller. It facilitates direct communication between users and creators worldwide, including podcasts, enhancing the listening experience.

MiniMax

Series A in 2023
Founded in December 2021, MiniMax has been dedicated to the development of large-scale AI models from its inception. Its focus on cutting-edge research and practical applications has established it as a leader in the field. In April 2023, MiniMax launched its API platform, enabling enterprises to access large language model capabilities. By June, it introduced Talkie, an AI-native character community application aimed at international markets. November 2023 saw the release of MiniMax’s speech large model, further expanding its multimodal capabilities. In April 2024, MiniMax debuted the abab6.5 series, featuring a trillion-parameter MoE architecture, alongside the launch of the Hailuo AI App. September 2024 marked the release of Hailuo AI Video, empowering creators with AI-driven video tools. In November, MiniMax unveiled the abab7-preview model, pushing the boundaries of AI in text, mathematics, and multimedia processing. Today, MiniMax’s models handle 3 billion daily interactions, process over 3 trillion tokens, generate 20 million images, and produce 70,000 hours of speech every day, demonstrating its profound impact on global AI innovation.

Skydance Media

Private Equity Round in 2022
Skydance Media is a diversified media company founded in 2010 by David Ellison, dedicated to producing elevated and event-level entertainment for global audiences. The company specializes in creating motion pictures and is involved in various forms of media, including feature films, television, animation, gaming, and digital content. Skydance is committed to bringing immersive stories to life across multiple platforms, ensuring a wide range of entertaining experiences in various genres for viewers.

uLesson

Series B in 2021
uLesson is an educational technology company based in Jos, Nigeria, founded in 2019. It focuses on providing a comprehensive home education kit for students in Africa through its mobile application. The app delivers curriculum-relevant content in subjects such as mathematics, physics, chemistry, and biology, accommodating learners even in areas with limited internet access. uLesson’s approach combines streaming services with secure digital cards to ensure that students can access educational materials without incurring high data costs. The platform also features a network of tutors, practice tests, and tailored content, all designed to align with local syllabi and enhance the learning experience.

Byment

Venture Round in 2021
Baiman Culture Communication Co., Ltd. is a cultural enterprise focused on the development and production of online animation, comics, and games. The company specializes in script development, drawing creation, and comprehensive publishing for Internet comics. With a professional team that includes script developers, directors, and production staff, Baiman possesses the capability to create original content for animation intellectual properties. Their work encompasses both long and short comic scripts, as well as the production of high-quality online anime, comics, and games, allowing users to enjoy a diverse range of digital entertainment.

Mod.io

Series A in 2021
Mod.io is a cross-platform service that facilitates mod support and user-generated content (UGC) for video games, established by the team behind ModDB. Launched in 2019, it allows game studios to enhance community engagement on PC, console, and mobile platforms. The service has been adopted by over 50 games, attracting around 400,000 daily users who have collectively produced 600,000 pieces of content, resulting in more than 100 million mods installed. Mod.io provides an automated and scalable solution for developers to integrate UGC, fostering long-term user engagement and supporting creator economies. Its platform features a clientless application programming interface that streamlines the creation and sharing of modifications across various platforms and stores, helping to maintain a continuous flow of fresh content.

Kadokawa

Post in 2021
Kadokawa Corporation, established in 1945 and headquartered in Tokyo, Japan, operates as a comprehensive entertainment company. It engages primarily in publishing, film production, and digital content businesses, including animation, videos, games, rights, merchandising, and network entertainment services. The company also runs a video-sharing website and offers products and services tailored for global intellectual property expansion and digital transformation.

Mighty Jaxx

Series A in 2021
Mighty Jaxx is an award-winning integrated future culture platform specializing in the design and production of digital and phygital collectibles. The company collaborates with renowned artists and global brands, including Netflix, Formula 1, Hasbro, Toei Animation, Cartoon Network, Nickelodeon, Warner Brothers, and Adidas, to create unique art figures and collectibles. Mighty Jaxx ships millions of these products to over 80 countries each year, providing collectors with a diverse and exciting range of toys and designs. Through its innovative approach, the company has established itself as a leader in the collectibles market, merging art and commerce in a way that resonates with modern consumers.

Ookbee

Debt Financing in 2021
Ookbee Co., Ltd., established in 2010 and headquartered in Bangkok, Thailand, is a digital publishing company that operates a platform enabling users to create, share, and monetize a wide range of content, including novels, e-books, audiobooks, digital newspapers, and video courses. Its ecosystem encompasses various genres such as art, business, education, entertainment, and more, catering to diverse global audiences. Ookbee also facilitates payment gateways and provides a bookstore with a vast selection of free and paid content. The company operates as a subsidiary of IT WORKS Ltd. and is the largest storytelling ecosystem in Thailand, with popular platforms like Joylada, Tunwalai, and Ookbee.

Gaana

Debt Financing in 2021
Gaana is an Indian music streaming application based in Noida that offers a wide range of music, including Bollywood, Hindi, regional, and international genres. Established in 2011, it has positioned itself as India's largest music broadcasting service, providing users with free and unlimited legal access to a diverse music library through its mobile apps and website. The platform aims to enhance how users discover and enjoy music by offering culturally rich content and innovative features tailored to a vast audience. Gaana also includes access to Radio Mirchi, further enriching the listening experience for its users.

Ubitus

Venture Round in 2021
Ubitus Inc. is a technology company that specializes in cloud computing solutions, particularly for the gaming industry and digital media services. Founded in 2007 and headquartered in Tokyo, with a research and development center in Taipei, Ubitus offers a software platform designed for fixed-mobile convergence applications. Its products include ubiLive, which enables users to access and share online content across devices, and commercial mobile cloud gaming services. The company's innovative GameCloud technology allows for the streaming of both gaming and metaverse content on multiple devices, catering to game developers, telecommunications service providers, and device manufacturers. Ubitus has established strategic partnerships, including collaborations with Alibaba Cloud and Kokusai Kogyo Co. Ltd., to enhance its service offerings and expand its market reach.

Pex

Series A in 2021
Pex is a company that specializes in digital rights technology, focusing on providing transparency and accuracy in the licensing and management of content. Its advanced technology operates with remarkable speed and scale, allowing for efficient transactions that simplify global licensing processes. This empowers digital platforms to make real-time decisions regarding content usage, while also enabling creators to use copyrighted material without concerns of infringement. Additionally, Pex ensures that rightsholders receive proper credit and compensation for their work. The company is committed to building inclusive and equitable solutions that address the complexities of digital rights management.

Pocket FM

Series A in 2020
Pocket FM, established in 2018 and based in Bengaluru, India, operates a web-based mobile application offering a vernacular audio sharing platform. It provides users access to a wide range of audio content, including news, finance, stories, and entertainment, in local Indian languages and English. The platform specializes in long-form audio entertainment, with a focus on diverse and engaging content across various genres such as fantasy, science fiction, romance, horror, and thriller. It facilitates direct communication between users and creators worldwide, including podcasts, enhancing the listening experience.

Gaana

Debt Financing in 2020
Gaana is an Indian music streaming application based in Noida that offers a wide range of music, including Bollywood, Hindi, regional, and international genres. Established in 2011, it has positioned itself as India's largest music broadcasting service, providing users with free and unlimited legal access to a diverse music library through its mobile apps and website. The platform aims to enhance how users discover and enjoy music by offering culturally rich content and innovative features tailored to a vast audience. Gaana also includes access to Radio Mirchi, further enriching the listening experience for its users.

Meishubao

Series C in 2020
Meishubao is a company that operates an art education platform aimed at children. It focuses on enhancing online art education by integrating digital technology into teaching methodologies. The platform offers a variety of resources, including online reviews of artworks, demonstration videos, and personalized art classes, allowing users to explore and develop their creative skills. By leveraging technology, Meishubao aims to foster an engaging environment for aesthetic education and promote the advancement of art among young learners.

iflix

Acquisition in 2020
iFlix Sdn Bhd is a digital entertainment service provider based in Kuala Lumpur, Malaysia, founded in 2014. The company caters to consumers in various countries including Malaysia, the Philippines, Thailand, Indonesia, and several others across the Middle East and North Africa. iFlix offers a comprehensive library of content, including TV shows, movies, hyperlocal originals, live sports, and news, allowing users to stream or download their preferred entertainment. The service features a diverse range of genres, including comedy, drama, K-drama, Turkish drama, Bollywood, and Nollywood, sourced from Hollywood, the UK, Asia, the Middle East, and Africa. Subscribers benefit from unlimited access to this extensive content library for a low monthly fee, enabling them to watch on multiple devices such as mobile phones, laptops, tablets, and televisions, thereby enhancing accessibility and convenience. As of June 2020, iFlix operates as a subsidiary of Tencent Holdings Limited.

Marvelous

Post in 2020
Marvelous Inc. is a Japanese entertainment company headquartered in Tokyo, specializing in the planning, development, and production of a diverse range of content. Founded in 1997, Marvelous engages in the creation and operation of online games for various platforms, including App stores and PCs, as well as the development of home video game software. The company also produces amusement machines and creates audio-visual content, including music and videos, often centered around animation. Additionally, Marvelous is involved in theatrical entertainment, planning and producing stage works and musicals inspired by its gaming and animation properties. Through its various segments, Marvelous aims to cater to market needs and enhance the entertainment experience for its audience.

Pratilipi

Series C in 2020
Pratilipi is a storytelling platform that connects readers and writers in multiple Indian languages. It provides a space for authors to share their stories, poems, and books, allowing millions of users to discover, read, and engage with content in their preferred language and format. By facilitating the sharing of narratives, Pratilipi fosters a vibrant community where users can express themselves and enjoy diverse stories online. The platform caters to a wide audience, making literature accessible and enjoyable for individuals across different backgrounds and preferences.

Skydance Media

Funding Round in 2020
Skydance Media is a diversified media company founded in 2010 by David Ellison, dedicated to producing elevated and event-level entertainment for global audiences. The company specializes in creating motion pictures and is involved in various forms of media, including feature films, television, animation, gaming, and digital content. Skydance is committed to bringing immersive stories to life across multiple platforms, ensuring a wide range of entertaining experiences in various genres for viewers.

MX Player

Series A in 2019
MX Player is a video playback application based in Mumbai, India, known for its advanced hardware acceleration and extensive subtitle support. Originally developed by J2 Interactive, it has grown to become the largest local video platform globally, boasting over 500 million installations, with 350 million users in India alone. The platform not only offers robust offline video viewing capabilities but has also expanded into an over-the-top (OTT) service, allowing users to stream exclusive content. MX Player provides a diverse range of offerings, including movies, TV shows, news, music, and web series, while ensuring high visual quality through multi-core decoding, resulting in efficient file sizes. Since 2012, it has consistently ranked among the top 10 Android applications, highlighting its significant presence in the digital entertainment landscape.

Tikin Media

Series B in 2019
Tikin Media is an innovative advertising company that specializes in elevator marketing solutions, connecting property owners with advertisers. The company installs advanced commercial projectors in elevators, creating a unique advertising platform that enhances consumer exposure to brands. Tikin Media has attracted significant investment from major players in the industry, including Baidu Venture Capital, Sequoia China, and IDG. With a focus on high-end commercial building media operations, Tikin Media has developed proprietary elevator projection technology that transforms traditional advertising methods, enabling mobile interconnectivity and incorporating programmatic ordering and big data analysis capabilities.

Crossingstar Studio

Series A in 2019
Crossingstar Studio, established in 2016 and located in Hangzhou, China, specializes in the production of comics and the development and publishing of mobile games. The studio collaborates with authors and game designers to transform their concepts into fully realized works, while also creating original comic content in-house. By leveraging partnerships and hosting services on external platforms, Crossingstar Studio aims to broaden its reach within the entertainment industry. The company fosters a supportive work environment, offering benefits such as a fixed monthly meal allowance, annual salary adjustments, and team-building activities.

Fen-z Interactive

Series A in 2019
Fen-z Interactive is a comprehensive media company with a pan-quaternary IP incubator development as its core. Its business includes comics IP incubation, content marketing, animation production, and derivative development. Targeting the secondary group, "Molecular Interaction" emphasizes advertising marketing and content production, and positioning "a new form of communication organization that uses social thinking to achieve integrated communication for young people."

Meishubao

Series C in 2019
Meishubao is a company that operates an art education platform aimed at children. It focuses on enhancing online art education by integrating digital technology into teaching methodologies. The platform offers a variety of resources, including online reviews of artworks, demonstration videos, and personalized art classes, allowing users to explore and develop their creative skills. By leveraging technology, Meishubao aims to foster an engaging environment for aesthetic education and promote the advancement of art among young learners.

Byment

Series A in 2019
Baiman Culture Communication Co., Ltd. is a cultural enterprise focused on the development and production of online animation, comics, and games. The company specializes in script development, drawing creation, and comprehensive publishing for Internet comics. With a professional team that includes script developers, directors, and production staff, Baiman possesses the capability to create original content for animation intellectual properties. Their work encompasses both long and short comic scripts, as well as the production of high-quality online anime, comics, and games, allowing users to enjoy a diverse range of digital entertainment.

Wind Fish

Series A in 2019
Established in Mar 2016, Windfish is an IP centric entertainment production company. It has successfully produced a series of heart-warming short-video stories “Call Me Zombie Little Fish”, featuring a distinctively cute zombie boy, his adoptive Papa, and other friends

Crossingstar Studio

Series A in 2018
Crossingstar Studio, established in 2016 and located in Hangzhou, China, specializes in the production of comics and the development and publishing of mobile games. The studio collaborates with authors and game designers to transform their concepts into fully realized works, while also creating original comic content in-house. By leveraging partnerships and hosting services on external platforms, Crossingstar Studio aims to broaden its reach within the entertainment industry. The company fosters a supportive work environment, offering benefits such as a fixed monthly meal allowance, annual salary adjustments, and team-building activities.

Bilibili

Post in 2018
Bilibili Inc. is an online entertainment platform based in Shanghai, China, that caters primarily to the younger generations. Founded in 2009, it began as a community focused on anime, comics, and gaming (ACG), but has since broadened its offerings to include a wide variety of content such as videos, live broadcasting, and mobile games. The platform emphasizes high-quality content and fosters strong emotional connections among its users, creating a vibrant community. Bilibili generates revenue through multiple channels, including advertising, gaming, live streaming, value-added services, and e-commerce. The company has also formed a strategic collaboration with Tencent for sharing and operating anime and games, enhancing its content library and user experience.

DreamCraft

Seed Round in 2018
DreamCraft Entertainment Inc. is a game creation and monetization platform founded in 2018 and based in San Mateo, California. The company provides a user-friendly platform that enables video game modders to create, publish, and monetize games without the need for programming skills. By offering a no-code environment, DreamCraft equips users with tools to design, modify, and host their own games, facilitating a seamless experience for both creators and players across PC and mobile platforms. This approach empowers individuals to turn their gaming ideas into reality and potentially generate income from their creations.

NewsDog

Series C in 2018
NewsDog is a news and entertainment content aggregator that operates a platform known as WeMedia, which enables users to submit and share stories. With over 30,000 regular contributors, the platform caters to both Indian and international markets. NewsDog supports self-media authors and professional content creators, allowing them to showcase their work while utilizing machine learning technology to provide personalized news aggregation. This approach helps users efficiently access updated information and news. The company faces competition from other players in the industry, including Dailyhunt, Inshorts, and NewsPoint.

NewsDog

Series C in 2018
NewsDog is a news and entertainment content aggregator that operates a platform known as WeMedia, which enables users to submit and share stories. With over 30,000 regular contributors, the platform caters to both Indian and international markets. NewsDog supports self-media authors and professional content creators, allowing them to showcase their work while utilizing machine learning technology to provide personalized news aggregation. This approach helps users efficiently access updated information and news. The company faces competition from other players in the industry, including Dailyhunt, Inshorts, and NewsPoint.

Douyu TV

Series E in 2018
Douyu TV is a live streaming media platform that provides live content such as games, sports, variety shows, entertainment, and more. The live-stream platform offers services like video-sharing for the students live broadcast, covers the main live game and sports as well as other live contents, enabling users to submit, view, and add commentary subtitles to videos of games, while incorporating content ranging from sports, variety shows, and entertainment. Zhang Wenming founded Douyu TV in 2013, with its headquarters in Wuhan in China.

Gaana

Corporate Round in 2018
Gaana is an Indian music streaming application based in Noida that offers a wide range of music, including Bollywood, Hindi, regional, and international genres. Established in 2011, it has positioned itself as India's largest music broadcasting service, providing users with free and unlimited legal access to a diverse music library through its mobile apps and website. The platform aims to enhance how users discover and enjoy music by offering culturally rich content and innovative features tailored to a vast audience. Gaana also includes access to Radio Mirchi, further enriching the listening experience for its users.

Shanda Games

Corporate Round in 2018
Shanda Games is a prominent online game developer, operator, and publisher based in Shanghai, China, founded in 1999. The company specializes in massively multiplayer online games (MMORPGs) and mobile games, offering a diverse range of genres such as martial arts, fantasy, strategy, and historical events. Shanda Games operates both domestically and internationally, targeting a vast user community. It manages a portfolio of games developed in-house, co-developed with other developers, and licensed from third parties. As of mid-2014, the company operated 71 games, with a significant portion of its revenue derived from its own or co-owned titles. Shanda Games has a robust development team and a proprietary game development platform, and it has been a pioneer in adopting item-based revenue models in the gaming industry. The company is also expanding its reach into global markets, having launched localized versions of its games in regions including Europe, Southeast Asia, and the Americas. With millions of active users, Shanda Games continues to be a key player in the online gaming landscape.

Skydance Media

Corporate Round in 2018
Skydance Media is a diversified media company founded in 2010 by David Ellison, dedicated to producing elevated and event-level entertainment for global audiences. The company specializes in creating motion pictures and is involved in various forms of media, including feature films, television, animation, gaming, and digital content. Skydance is committed to bringing immersive stories to life across multiple platforms, ensuring a wide range of entertaining experiences in various genres for viewers.

Wattpad

Venture Round in 2018
Wattpad is a digital entertainment company that operates an online social storytelling platform focused on original narratives. Established in 2006 in Toronto, Canada, Wattpad fosters a community of over 65 million users who engage with stories for more than 20 billion minutes each month. The primary app allows users to read and write stories, facilitating collaboration through comments and multimedia interactions. In addition to its flagship platform, Wattpad offers Tap, a product for short, chat-based stories available in multiple languages. Wattpad Studios collaborates with industry partners to adapt stories for film, television, digital media, and print. Furthermore, Wattpad Brand Solutions provides advertising options aimed at enhancing engagement with Millennial and Gen Z audiences.

CollegeDaily.cn

Series A in 2017
CollegeDaily.cn is a Beijing-based news and information platform established in 2014, specifically aimed at international Chinese students and faculty in colleges and universities. The platform has expanded its reach to encompass a majority of Chinese students studying in North America, providing them with essential resources, study abroad stories, and updated international news. With a readership of over 500,000 daily, CollegeDaily.cn employs a team of student journalists and editors who contribute original articles and research tailored to the needs of its audience. The platform serves as a vital resource for Chinese students navigating their educational experiences abroad.

Penguin Fairytale

Seed Round in 2017
Penguin Fairytale is an education software company that specializes in creating digital picture book audio and video content tailored for children aged 0 to 12. The company offers interactive educational resources, including cloud-based training and courses, as well as a question bank designed to foster daily reading habits among children. By integrating high-quality book content from reputable publishing groups, studios, and artists, Penguin Fairytale aims to provide engaging and entertaining reading materials that not only captivate young audiences but also support K-12 education initiatives. The focus on digital media services allows the company to present innovative reading experiences that encourage early literacy development.

Bilibili

Series D in 2017
Bilibili Inc. is an online entertainment platform based in Shanghai, China, that caters primarily to the younger generations. Founded in 2009, it began as a community focused on anime, comics, and gaming (ACG), but has since broadened its offerings to include a wide variety of content such as videos, live broadcasting, and mobile games. The platform emphasizes high-quality content and fosters strong emotional connections among its users, creating a vibrant community. Bilibili generates revenue through multiple channels, including advertising, gaming, live streaming, value-added services, and e-commerce. The company has also formed a strategic collaboration with Tencent for sharing and operating anime and games, enhancing its content library and user experience.

Manman app

Series A in 2017
Manman is a mobile comics platform established in Beijing in 2017, specializing in the production and distribution of original comic content. With over 980 titles available, including 315 exclusives, the app has cultivated a user base exceeding 14 million, of which 3 million are active users. Notably, 2 million users maintain more than 20 subscriptions, demonstrating a strong engagement with the platform. Manman aims to generate revenue through paid subscriptions, advertising, and reward systems, enhancing the entertainment experience for its audience by providing diverse and novel comic topics.

Doufu

Series B in 2017
Doufu is a digital comic reading platform.

Haoliners Animation

Series B in 2017
Haoliners Animation League is a prominent animation production company based in Shanghai, China, established in 2013. The company specializes in the creation and production of 2D animation, with a significant focus on internet-based content. It has developed strong partnerships with various new media platforms, including Tencent Comic and BILIBILI, and has produced a substantial number of domestic 2D animation series, gaining popularity among audiences for both engagement and quality. Haoliners also collaborates with Japanese and Korean animation companies, expanding its reach in the global animation market. With a team experienced in animation production and a commitment to innovative storytelling, Haoliners aims to unite creators in the animation industry and foster the development of domestic animation in China.

Ookbee

Funding Round in 2017
Ookbee Co., Ltd., established in 2010 and headquartered in Bangkok, Thailand, is a digital publishing company that operates a platform enabling users to create, share, and monetize a wide range of content, including novels, e-books, audiobooks, digital newspapers, and video courses. Its ecosystem encompasses various genres such as art, business, education, entertainment, and more, catering to diverse global audiences. Ookbee also facilitates payment gateways and provides a bookstore with a vast selection of free and paid content. The company operates as a subsidiary of IT WORKS Ltd. and is the largest storytelling ecosystem in Thailand, with popular platforms like Joylada, Tunwalai, and Ookbee.

Sanook

Acquisition in 2016
Sanook.com, established in 1998 and based in Bangkok, Thailand, is a prominent online platform that serves as a leading internet destination for Thai users. As a subsidiary of MIH Group, which is part of the multinational media company Naspers Limited, Sanook! offers a diverse range of services, including a search engine, marketplace, entertainment, and community features. The platform provides information and news along with social networking and communication tools, catering to the varied interests of its users. Additionally, Sanook! engages in online advertising and search marketing, solidifying its presence in the digital landscape and making it a significant player in Thailand's internet ecosystem.

Xinshixiang

Series A in 2016
Xinshixiang is a well-known brand in the content field which has extended from textual content manufacturing to famous events. The company's platform provides contents including personalized recommendation, emotional companionship, value puzzlement solutions, enabling the young generation to achieve self-worth through reading.

Douyu TV

Series C in 2016
Douyu TV is a live streaming media platform that provides live content such as games, sports, variety shows, entertainment, and more. The live-stream platform offers services like video-sharing for the students live broadcast, covers the main live game and sports as well as other live contents, enabling users to submit, view, and add commentary subtitles to videos of games, while incorporating content ranging from sports, variety shows, and entertainment. Zhang Wenming founded Douyu TV in 2013, with its headquarters in Wuhan in China.

Baobao

Series B in 2016
Baobao is a digital video streaming social media platform founded in 2014 and headquartered in Beijing, China. The company's mobile app allows users to conduct and watch live video streaming, capitalizing on a popular trend in the Chinese market. Users can engage with one another through features such as commenting, gift giving, and private chats. Baobao’s platform facilitates both social and commercial live broadcasts, enhancing user interaction and connectivity.

Douyu TV

Series B in 2016
Douyu TV is a live streaming media platform that provides live content such as games, sports, variety shows, entertainment, and more. The live-stream platform offers services like video-sharing for the students live broadcast, covers the main live game and sports as well as other live contents, enabling users to submit, view, and add commentary subtitles to videos of games, while incorporating content ranging from sports, variety shows, and entertainment. Zhang Wenming founded Douyu TV in 2013, with its headquarters in Wuhan in China.

ACGG

Series B in 2016
ACGG is an animation, gaming and domestic comic distribution platform.

Kik

Series D in 2015
Kik, founded in 2009 by a group of University of Waterloo students, is a mobile messaging application based in Waterloo, Ontario. The company aims to facilitate connections among users, services, and businesses, particularly targeting a teenage audience. Kik offers features that allow users to share their feelings and engage with friends and family, as well as chatbots for entertainment. With over 300 million registered users, Kik has established itself as a popular messaging platform, with more than 40% of young Americans using it as their primary messaging app. Users typically spend an average of 35 minutes per session within the app, reflecting its strong engagement. The company is supported by notable venture capitalists and has raised significant funding, with Tencent, the creator of WeChat, as a strategic investor.

Guangzhou Huan Company

Private Equity Round in 2015
Guangzhou Huan Company, founded in December 2009 and based in Beijing, China, is a leading provider of internet smart TV solutions and operates within the high-tech sector of the smart television and interactive industry. The company has established itself as the largest internet smart TV provider in China, offering services that support multiple television and set-top box manufacturers, as well as various telecommunications operators. Guangzhou Huan Company delivers six comprehensive platforms that encompass a user system, an online payment system, an advertisement system, a user behavior analysis system, a startup picture system, and an upgrade system. These platforms enable the company to facilitate an integrated viewing experience across global markets.

Miniclip

Acquisition in 2015
Miniclip is a prominent digital games company that specializes in developing, publishing, and promoting a diverse array of games across mobile, web, and social platforms. Founded in 2001 by Robert Small and Tihan Presbie, Miniclip has significantly influenced the casual gaming industry. The company is particularly renowned for its flagship title, 8 Ball Pool, which is recognized as the most popular pool game globally. In addition to multiplayer games, Miniclip offers a wide variety of genres, including action, sports, puzzles, and games for children, catering to a broad audience. With its commitment to connecting people through engaging gameplay, Miniclip remains a key player in the online gaming market.

Cloudary

Acquisition in 2015
Cloudary Corporation operates as a provider of literature and publishing services in the People's Republic of China. The company manages an online, community-driven literary platform featuring six original literature websites, including Qidian.com, Readnovel.com, and Hongxiu.com, which cater to various genres such as fantasy, wuxia, science fiction, mystery, and romance. In addition to its extensive collection of literary works, Cloudary offers community engagement tools that include personal spaces, virtual gifting, a book review bar, and forums, fostering interaction among readers and writers. Through a combination of online channels and offline publications, Cloudary aims to enhance the accessibility of literature while building a vibrant literary community.

Heirloom

Angel Round in 2014
Heirloom is a digital media company.

WOMeN.COM

Seed Round in 2014
Women.com is an online interactive publishing platform designed to support and promote content, conversation, and community for women. It serves as a destination for women to engage in discussions, share their experiences, and express their unique voices. The platform features an online forum where users can communicate and connect with one another, fostering a sense of community and collaboration. Additionally, Women.com allows users to create quizzes and other engaging content, enhancing the interactive experience for its audience.

STX Entertainment

Venture Round in 2014
STX Entertainment is a global media company that focuses on the development, financing, production, marketing, and distribution of film, television, virtual reality, digital video, music, and live entertainment content. Established as a next-generation studio, it aims to leverage the direct connection between stars and their fans, moving beyond traditional content models to create talent-driven enterprises. The company is led by Robert Simonds and was co-founded by Bill McGlashan, with backing from notable investors such as Hony Capital, PCCW, Tencent Holdings, and Liberty Global. These strategic partnerships enable STX Entertainment to enhance its global reach and effectively navigate the competitive landscape of entertainment, with particular emphasis on accessing the Chinese market. Through its diverse offerings, STX Entertainment seeks to redefine the entertainment experience for audiences worldwide.

Zam

Acquisition in 2012
ZAM provides is an online platform that provides massively multi-player online (MMO) gaming information. The company operates a network of websites that provide in-game and out-of-game information to the MMO players. ZAM’s websites include ZAM, which hosts active player communities for the MMO games and offers a range of features, including databases, forums, and character profiles; Wowhead, which provides map, creature, and item information concerning World of Warcraft; Thottbot, which offers game information and tools specific to World of Warcraft and community-based hints, tips, and guides; MMOUI, which provides game interface add-ons and customizations; and an online gaming radio site. ZAM, LLC was formerly known as Allakhazam. ZAM was founded as Allakhazam by Brock Pierce in January 2006 and is based in Los Angeles, California.

Sanook

Private Equity Round in 2010
Sanook.com, established in 1998 and based in Bangkok, Thailand, is a prominent online platform that serves as a leading internet destination for Thai users. As a subsidiary of MIH Group, which is part of the multinational media company Naspers Limited, Sanook! offers a diverse range of services, including a search engine, marketplace, entertainment, and community features. The platform provides information and news along with social networking and communication tools, catering to the varied interests of its users. Additionally, Sanook! engages in online advertising and search marketing, solidifying its presence in the digital landscape and making it a significant player in Thailand's internet ecosystem.

Beijing Elex Technology

Angel Round in 2010
Beijing Elex Technology Co., Ltd., founded in 2008 and headquartered in Beijing, is a prominent game developer and provider of interactive entertainment and internet services. The company operates branches and research centers in St. Paul, Nanjing, and Hefei, catering to non-English speaking markets across over 30 countries in Asia-Pacific, Europe, and Latin America. Elex specializes in social, browser, and mobile games, boasting a user base of more than 40 million globally. As a leading social game developer in Asia, Elex is known for popular titles such as "Happy Harvest" and "City Life," which have performed well on various platforms, including localized ones across different regions. The company has also made significant strides in mobile gaming since establishing its wireless department in 2011, developing successful titles like "Clash of Kings" and "The Walking Dead: Survivors." Elex is dedicated to delivering high-quality gaming experiences and localized services, while also focusing on the evolution of the gaming industry through initiatives such as its collaboration with Tencent on the game cloud computing research platform, "Xing Cloud."

Utaite

Utaite is a company that operates an entertainment platform. Its core business involves planning, producing, and developing entertainment content to support and promote content creators. The platform aims to enhance creators' self-actualization, improve fan experiences, and facilitate growth on social media. Utaite provides constant support to creators, maximizing opportunities to engage and satisfy their fan base.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.