Qihoo 360-Backed Live Video Mobile App Raises $45M In Series A Round

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Live streaming mobile app Huajiao Live Video, backed by Qihoo 360 Technology Co. Ltd., has raised RMB300 million (US$45 million) in a series A funding, in yet another deal in the red hot live video sector. The lead investor is a Chinese state-owned entity named Zhongshoujian, whose identity cannot be verified. Qihoo 360 also joined […]Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.