TorrentFreak » pplive http://torrentfreak.com Breaking File-sharing, Copyright and Privacy News Wed, 29 Oct 2014 20:38:50 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.2 PPLive Gets $250 Million Investment http://torrentfreak.com/pplive-gets-250-million-investment/ http://torrentfreak.com/pplive-gets-250-million-investment/#comments Sat, 05 Feb 2011 21:21:51 +0000 http://torrentfreak.com/?p=31407 Source: TorrentFreak, for the latest info on copyright, file-sharing and anonymous VPN services.

]]> 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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