Betta TV is a barrage live sharing website, which provides users with live video and live events. Betta TV, formerly known as ACFUN Live, was officially renamed Betta TV from 20 14 1. Betta TV mainly focuses on live games, covering entertainment, variety, sports, outdoor and other live content.

On March 201June 15, Betta TV announced that it had won the second round of financing of over 100 million US dollars led by Tencent. At the same time, A-round investors Sequoia Capital and Nanshan Capital will also continue to invest. /kloc-in August, 2005, Yu Dou completed the C round/kloc-0.5 billion RMB financing, which was led by Phoenix Capital and Tencent. In 20 16, the accumulated financing amount of Betta exceeded RMB 2 billion. In 20 17, Betta became the first webcast platform in China to enter the D round.

20 18 10, Betta TV won the "Most Potential Entrepreneurship Award of the Year" in the 20 17 science and technology billboard. 2065438+In March 2008, Betta TV received a new round of financing of 630 million US dollars, which was exclusively invested by Tencent. 2065438+July 2008, China's online live broadcast platform Betta plans to go to the United States for IPO, raising 600-700 million dollars. 2065438+On August 8th, 2008, Betta won the Golden Cloud Award as a new force in operation.

2065438+On April 22, 2009, Yu Dou officially submitted its prospectus to the US Securities and Exchange Commission (SEC) and began to list in the United States. It will be officially listed on NASDAQ on May 23, with a financing scale of 500 million US dollars.

Chen Shaojie, founder and CEO of Yu Dou, told the media that this round of financing will be mainly used to enhance the user experience, including richer and more diverse content and smoother product experience. The money from the new round of financing can also make Yu Dou not rush to realize its business model, and spend more time and money on improving the user experience, increasing the number of users and creating high-quality live content.

It is reported that after the B round of leading investment, Tencent has conducted in-depth cooperation with Betta in terms of copyright and resources; In the future, we will cooperate with Betta in more aspects, and Tencent's continuous investment will bring lasting vitality to the Yu Dou platform.