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.
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