FB Pixel no scriptTencent-backed Kuaishou invests in comic startup Crossingstar as China's manga scene grows | KrASIA
MENU
KrASIA
News

Tencent-backed Kuaishou invests in comic startup Crossingstar as China’s manga scene grows

Written by Song Jingli Published on     1 min read

Share
The social and gaming giant is actually an earlier investor for this startup.

China’s second-largest short video platform Kuaishou reportedly invested in local manga startup Crossingstar, the second deal in the country’s online manga sector over a short time span, signaling a growing online comic and animation scene in China.

Tencent which backs Kuaishou just invested USD 125 million in Kuaikan, which runs a comic app and a community for comic fans, KrASIA reported last week.

Crossingstar was founded in 2013 by Lv Munan in Hangzhou, capital of east China’s Zhejiang province. Lv is a comic scriptwriter herself.

A total of 12 works from Crossingstar is now available on Tencent’s own comic platform ac.qq.com.

Kuaishou has not responded to KrASIA‘s request for a comment on this deal, while the value of the deal is not disclosed in the company’s registration information with the local authority.

Share

Most PopularMost Popular

Insights

Doing extraordinary things with an ordinary mind: Zhang Yiming’s speech for ByteDance’s 9th anniversary

By Lin Lingyi

  

  07 Apr 2021    12 mins read

See All

Auto loading next article...

Loading...