It is rumored that Mango TV intends to subscribe for more than 20 billion yuan in the second round of financing

According to the latest official data released by Mango TV, Mango TV now covers all Internet platforms including PC, mobile and TV. The average daily users of the entire platform have exceeded 30 million, the average daily VV has exceeded 100 million, and the cumulative mobile users have exceeded 200 million. In 2015, the annual revenue was nearly 1 billion yuan.

On November 16, it was reported that Mango TV was conducting a second round of financing. An investor from a state-owned fund revealed that on November 10, Mango TV had held a second round of investor meetings in Changsha. Lu Huanbin, director of Hunan Radio and Television Station, personally presided over the event, and more than 40 state-owned investment units participated. It is said that the intended subscription capital has exceeded 20 billion yuan, but only a few companies can obtain investment quotas.

In June this year, Mango TV officially released its first round of financing exceeding 500 million yuan. Investors included Shanghai Guohe, Lianxin Capital, Xiamen Construction and Development, China Cultural Investment, etc. At that time, the company's valuation exceeded 7 billion yuan.

Last month, Mango TV also stated at the 2016 brand launch conference that it would continue to adhere to the "solo broadcast" strategy, and joined hands with Tianyu Media and Mengniu Group to announce the launch of the 2016 "Super Girl" project. Huang Dong, the new CTO of Mango TV, also revealed that Mango TV has done a lot of thinking on smart TV and will develop a smart hardware product, which is expected to start internal testing in January next year.

Editor: yvonne