SHAREit Technologies secures investment from Kuaishou & Tencent

Tencent and Kuaishou has completed a new round of investment in SHAREit Technologies. The financing amount was not disclosed.

Tencent and Kuaishou has completed a new round of investment in SHAREit Technologies. The financing amount was not disclosed.

Established in 2015, SHAREit is a global internet technology company, mainly dedicated to mobile internet application development. As the pioneer of global content service and distribution, SHAREit builds digital content access for global users to help them acquire high-quality digital content.

Currently, the SHAREit business network has reached up to 200 countries and regions and has been regarded as a “Nationally Favored App” in India, Indonesia, Middle-East, Africa, Russia, etc.

SHAREit has more than 1.8 billion users worldwide, and there are more than 500 employees in the company. It has offices in Singapore, New Delhi, Bangalore, Beijing and Shanghai.

The application products of SHAREit include video player (S Player), audio player (LISTENit), application lock (LOCKit), system cleaning (CLEANit) and more. In early 2020, the company also launched the video application WATCHit.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/27/shareit-technologies-secures-investment-from-kuaishou-tencent/.

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