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whaley.cn

Stage

Private Equity | Alive

Total Raised

$313M

Last Raised

$313M | 7 yrs ago

About Whaley Technology

Whaley Technology is an Internet TV startup that offers various sizes of television sets.

Whaley Technology Headquarter Location

District 666 Summer Road, Pudong Shanghai Shing Bank Building, 3rd Floor, Block E

Shanghai, Shanghai,

China

4006-726-726

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Latest Whaley Technology News

CMC, Alibaba, Tencent Inject $313M In Whaley Technology

Aug 14, 2015

Like our Facebook page and follow us now on Twitter @chinamoneypod . Shanghai-based Internet TV startup Whaley Technology, co-founded by Chinese media mogul Li Ruigang, has received approximately RMB2 billion (US$313 million) investment from China Media Capital, Alibaba Group Holding Limited and Tencent Holdings Limited. Whaley Technology revealed the news at a product launch event in Shanghai yesterday, where the company revealed its first 55 inch 4K Internet TV with a price tag of RMB3,799 (US$594). Li Ruigang, who is also the founder of China Media Capital, established Whaley Technology with the CEO of Shanghai Media Group's IPTV business Li Huaiyu in April this year. Alibaba and Tencent plan to cooperate with Whaley TV on multiple fronts, including online retail, content, and marketing. The Internet TV will be sold on Alibaba's Tmall platform using Alipay, in addition to Whaley's own website. The three partners will also pool their resources in digital content to make Whaley TV more appealing to young Chinese consumers. Alibaba owns stakes of online video site Youku Tudou and Chinese film production studio ChinaVision Media Group, in addition to its own film company, Alibaba Pictures Group Ltd. Tencent has distribution deals with the National Basketball Association and global entertainment producers, as well as numerous online gaming assets, including Tencent's own gaming channel, Korean mobile gaming firm 4:33 Creative Lab, U.S. mobile gaming company Pocket Gems Inc.

Whaley Technology Web Traffic

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Whaley Technology Rank

  • Where is Whaley Technology's headquarters?

    Whaley Technology's headquarters is located at District 666 Summer Road, Pudong, Shanghai.

  • What is Whaley Technology's latest funding round?

    Whaley Technology's latest funding round is Private Equity.

  • How much did Whaley Technology raise?

    Whaley Technology raised a total of $313M.

  • Who are the investors of Whaley Technology?

    Investors of Whaley Technology include Tencent Holdings, Alibaba Group and CMC Capital Partners.

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