Its earlier investors include Sequoia Capital, Morningside Venture Capital, Baidu, and China Media Capital.# ARIN WHOIS data and services are subject to the Terms of Use # available at: # If you see inaccuracies in the results, please report at # Copyright 1997-2018, American Registry for Internet Numbers, Ltd. AcFun is a Chinese video sharing site that provide topics on drama, music, dance, game, sports and entertainment.
Kuaishou in March secured a $350 million investment led by Tencent. To find out what vue acfun tv ps pptv vsco taobao taptap ofo ar is like, and review of vue acfun tv ps pptv vsco taobao taptap ofo ar, come to TapTap vue. But the figure has declined for three consecutive months. Athletic for Bands Sweat Wrist Wristbands Sweatband Acfun Men Exercise Gym Football Basketball Baseball Gymnastics Tennis Out Working for Bands Sports Cloth. In May, Kuaishou’s daily active users topped 100 million, according to data from QuestMobile. Kuaishou, which is reportedly planning for an initial public offering later this year, has been stepping up investment efforts as its market dominance is increasingly challenged by rising rivals such as Tik Tok, a popular short video app, an industry source said.
and SoftBank China Venture Capital.Īn Acfun investor told Caixin that Kuaishou discussed the stake purchase with Acfun’s shareholders separately and the prices discussed varied.
Other shareholders of Acfun include Cai Dongqing, chairman of Chinese animation company Alpha Group Shanghai Full PotatoCulture Communication Co. But according to a statement by Chinese All Digital on Tuesday, the transaction hasn’t been completed due to Acfun’s failure to fulfill some conditions in the agreement.Ĭhinese All Digital has agreed to sell its stake to Kuaishou at 140 million yuan in the latest deal, the company said. The deal valued Acfun at 1.85 billion yuan. agreed to buy a 13.51% stake for 250 million yuan (about $36.5 million at the time). According to data from Analysys, the number Acfun’s daily active users slid to 100,000 in January from around 700,000 in mid-2017.Īcfun’s most recently announced fundraising was in November 2016 when digital publisher Chinese All Digital Publishing Group Co. But Acfun has been under pressure over the past year due to strained finances, management shake-ups, copyright-violation concerns and other issues. in March launched a $400 million initial public offering in a New York. Launched in 2007, Acfun - dubbed “Station A” by netizens - was one of China’s top animation and video-streaming sites in China, targeting young users mostly born after 1990.Īcfun archrival Bilibili Inc. Kuaishou said Acfun’s brand, operation and management will remain independent after the takeover, while Kuaishou will provide support in capital, technology and resources.
But don’t despair any longer, I will tell you how to visit the translated AcFun English website. Kuaishou, backed by social media giant Tencent Holdings Ltd., announced the deal Tuesday without giving financial details. is a Chinese website which is hard to understand. Whether starring in movies, popping up in TV shows or even lighting up the social media. Chinese video-streaming startup Kuaishou has acquired rival online video platform Acfun amid heated competition in the country’s online-video service market. Acfun Natural Grapevine Wreath Star Twig Wreath DIY Craft Vines.