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VCs find sweet spot in video response

By Meng Jing | China Daily | Updated: 2016-01-16 08:34

Do you enjoy watching online videos that have comments from other viewers shooting across the screen? If not, you are probably too old.

But these so-called bullet-screen videos are becoming increasingly popular among young Internet users, making the sites red-hot investment targets.

AcFun, one of the most popular, announced on Thursday it had landed $60 million in backing from SB China Capital, a venture capital firm.

VCs find sweet spot in video response

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