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Wednesday, May 3, 2017

Cheetah Mobile’s Live.me streaming service raises $60M from Chinese investors

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 Cheetah Mobile, the Chinese firm that specializes in utility apps for smartphones, has enlisted the help of outside investors for its live-streaming service.
Cheetah announced this week that its one-year-old Live.me service has pulled in $60 million from a range of China-based investors that include Matrix Partners China, Evolution Media China, Gobi Partners, IDG Capital and Welight Capital. Read More

May 03, 2017 at 09:48AM

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from Jon Russell

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