PPLive Gets $250 Million Investment

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This is probably the largest investment in a P2P company ever. The China based live streaming pioneers at PPLive just raked in $250 million.

“Synacast is better known under the name of its popular peer-to-peer video platform PPLive. Softbank announced the deal earlier today without disclosing specifics, but PPLive CEO Vintent Tao confirmed the actual amount during a phone interview, saying that “this capital will really help us to be more competitive in China”.”

GigaOM has the juicy details.

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