Early this year, video streaming platform MX Player moved out of the Times Internet office in South Mumbai, and shifted its base about 20 km away. The parting of offices was a message. MX Media Co. Ltd—which started out as a Korean video player app, before being sold to Chinese gaming company Zenjoy in 2016 and then being acquired by Times in June last year—will not be a subsidiary of Times Internet for long, but an independent entity.
Today, MX Media announced it has closed a $110 million Series A funding round from Chinese internet giant Tencent and Times Internet …
Harveen is a co-founder at The Morning Context, and leads our Internet coverage, overseeing a team of reporters writing on startups and tech. She has previously worked as a media, consumer and tech reporter at The Ken and Mint. At The Morning Context, she writes on startups, venture capital, consumer and media businesses—from e-commerce to healthtech to streaming.
Editor, Internet
harveen@mailtmc.com
Mumbai