Iflix raises $133M for its Netflix-style service for emerging markets

 Iflix, an Asia-based startup providing Netflix-like streaming services in emerging markets, has landed $133 million in fresh funding to accelerate its business. The investment was led by U.S. media conglomerate Hearst, which counts BuzzFeed, Vice and Roku among its investment portfolio. The group was joined by another new backer EDBI — the corporate investment arm of the Singapore… Read More
Source: Techcrunch
Iflix raises 3M for its Netflix-style service for emerging markets

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