Tencent leads $350m round in Chinese live broadcasting app Kuaishou

Tencent leads $350m round in Chinese live broadcasting app Kuaishou

Visitors use their smartphones underneath the logo of Tencent at the Global Mobile Internet Conference in Beijing May 6, 2014. REUTERS/Kim Kyung-Hoon/File Photo

Kuaishou, the Chinese video streaming service popular with rural communities and migrant workers, has raised $350 million in a funding round led by internet giant Tencent Holdings Ltd.

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