Viu Raises $110M in Funding

Viu, a Singapore-based video streaming service provider operated by PCCW, raised $110m in funding.

Backers included Foxconn Ventures, Temasek Holdings, and Hony Capital.

The company intends to use the funds to increase original content production and continue to develop its technology.

Viu is an over-the-top (OTT) multi-screen video service which provides (via an app) premium dramas, variety shows and entertainment to over 12 million monthly active users across Hong Kong, Singapore, Thailand, Philippines, United Arab Emirates, Bahrain, Egypt, Indonesia, India, Hashemite Kingdom of Jordan, Kuwait, Malaysia, Oman, Qatar and Saudi Arabia.

FinSMEs

13/08/2017

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