Google backs Chinese game-streaming startup
Google's search engine may be banned in China, but it just invested in Chinese mobile game live-streaming company Chushou.
Why it matters: This is Google's latest attempt to be involved in a massive market where its search engine is disallowed. In 2015, it invested in artificial intelligence startup Mobvoi and, this past December, it opened an A.I. lab in Beijing.
Google's interest in Chushou also relates to YouTube, as the startup offers a game broadcast service for gamers.
Other investors in Chushou include Qiming Venture, Shunwei Capital and Alpha X Capital. The company has raised $120 million to date.