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INTERNET | Internet Software & Services / Video
panda.tv

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Stage

Dead | Dead

Total Raised

$194M

About Panda TV

Panda TV is an online live video streaming platform.

Panda TV Headquarter Location

Building 3, Room 1804 Lingshi Road 695, Zhabei District

Shanghai, Shanghai,

China

Latest Panda TV News

Chushou Doomed By Tencent’s Streaming Dominance In Chinese Market

Jul 7, 2020

Chinese game live streaming platform Chushou has shut down, the latest casualty in the country’s Tencent-dominated game live streaming market. Live streaming platform Panda TV folded last year. Chushou received a roughly $77M USD investment from Google in early 2018 and raised a disclosed total of roughly $128M in funding since the platform was established in 2011. Other investors in Chushou included Qiming Venture Partners, GGV Capital, Shunwei Capital, AlphaX Partners, and Baidu’s iQiyi. Tencent controls the two largest game live streaming platforms in China, Huya and DouYu . Additionally, it operates its self-developed Penguin Esports platform and owns minority stakes in live streaming platforms Bilibili and Kuaishou. According to Bloomberg News , Chushou asked streamers who stream exclusively on the platform to switch to Kuaishou. In an interview with Surging News in 2019 , Li Qiang COO and co-founder of Chushou revealed that the company was close to breaking even while paying tens of millions of yuan a year for esports events media rights. In the same year, the company announced that it expected around ¥600M RMB ($85.5M) in revenues for the year, and its CMO Yang Shuyu talked about Chushou’s willingness to go public in China. Since then, several Chushou streamers complained about not receiving revenue share payments and at least one influencer agency sued Chushou for breach of contract before the service ceased operations on July 3. An anonymous source told the China-Singapore Jingwei that the platform currently owes several esports organizations up to ¥5M ($713K) and thousands of content creators up to ¥200K ($28.5K). While Tencent is solidifying its market dominance in China, the company released a new live streaming platform in the West. The service named Trovo closely resembles Amazon-owned live streaming platform Twitch in its appearance and functionality. Tencent-owned Huya pursued a similar strategy with the launch of Nimo TV in countries such as Brazil, Indonesia, Vietnam, Thailand, and Mexico in 2018. Outside of China, Mixer is the latest service to surrender to its live streaming platform competition, mainly Twitch, as it will cease business on July 22. The Microsoft-owned platform exclusively signed two previously high-profile Twitch influencers Tyler “Ninja” Blevins and Michael “shroud” Grzesiek. Photo courtesy of Epic Games Fortnite developer Epic Games responded to missing floating rings in Lazy Lakes confirming that they are still in the game despite being invisible. Players were running into issues in regards to completing a Week 3 challenge. It required players to collect four floating rings in Lazy Lakes, but many were unable to see the floating rings. By completing this challenge, players earned 35,000 experience points. We’re aware that Floating Rings for Floating Ring Challenges may not be visible on some platforms with lower settings. (The Rings are still present, however.) We’ll provide an update when we have new information. https://t.co/1Ipwq5Bkb0 Epic Games tweeted a response to the invisible or missing floating rings issues that have plagued some players. Epic Games released a statement last night stating that the issue could just be due to a player’s setting. The issue seems to be occurring more on PC and mobile with Nintendo Switch, PlayStation 4 and Xbox One players seemingly unaffected. In addition, Epic Games responded saying that the rings are still in the game despite being invisible or ‘missing’. The Fortnite developer is still investigating the issue so expect a follow-up response soon. Players who are still experiencing the issue might take a more tedious approach and search through the entire town. Pokemon GO Premier Cup Tier List aims to help trainers build the best team for the meta | The Pokemon Company via Bulbapedia Pokemon GO Premier Cup Tier list can help you choose the best Pokemon to participate in your community’s Premier Cup this month. With the launch of the Premier Cup finally underway, trainers are gearing up their best Pokemon to compete in a team of six. This tournament takes place in the Master League and, therefore, has no CP limit. The only real rule is that trainers aren’t allowed to register their legendary Pokemon into the competition. Hope you’re having a great day completing those Timed Research tasks, Trainers! Focus and perseverance are qualities of some of the best Pokémon GO Trainers in the world. Let’s GO #TeamMystic ! pic.twitter.com/DB7lxQ9Mug In the interest of time, this list will only encompass the best-known options for the current state of the GO Battle meta. These rankings may be subject to change based on the trainers’ move set, style, and team composition—i.e. : just because a Pokemon is listed as top tier, doesn’t mean it will automatically hand you a win. S Tier Pokemon Spirit Blossom Lillia is the first skin coming out for League of Legends’ next champion. Riot Games reveals the newest addition to League of Legends , Lillia the bashful bloom. With Lillia comes the launch of a new skin line , Spirit Blossom. With the arrival of the Spirit Blossom Festival, a magical fawn musters the courage to venture out and uncover the mystery behind her ailing forest. pic.twitter.com/XZBHD9uVir While no official splash art for Lillia has been released, expect to see the bashful blooms bright new skin on the PBE in the near future. There’s been no official announcement confirming the price of the new Lillia skin, but expect to pay between 975 to 1,350 Riot Points. Spirit Blossom Lillia is expected to be released along with Lillia in Patch 10.15, but be sure to keep an eye out for the Bashful Bloom on the PBE. There are three ways to acquire the Spirit Blossom Lillia skin. First you can purchase the skin directly from the league of legends in-game store. If you’re lucky, you can re-roll three random skin shards for a chance to unlock a permanent skin shard. Lastly, if you acquire a Spirit Blossom Lillia skin shard from a loot box you can permanently unlock it with orange essence.

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CB Insights Intelligence Analysts have mentioned Panda TV in 2 CB Insights research briefs, most recently on Oct 4, 2021.

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