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AcFun raises $60 million in new capital

(chinadaily.com.cn) Updated: 2016-01-15 17:17

 

AcFun, a Chinese online video site featuring "bullet screen" function, announced yesterday that it had raised $60 million in new funding from SB China Capital. Bullet screen allows viewers to type comments to zoom across the screen like bullets. It has gains great popularity among young Chinese who are born after the 1990s and 2000s.

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