Cat's Eye Movie received 1 billion yuan financing from Tencent: valuation of more than 20 billion yuan

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Cat's Eye movies have officially confirmed that they have received 1 billion yuan in financing from Tencent, which is currently valued at more than 20 billion yuan, according to news on Nov. 13. Cat's Eye movies have officially confirmed that they have received 1 billion yuan in financing from Tencent, which is currently valued at more than 20 billion yuan, according to news on Nov. 13.

Nov. 13 news, cat's eye movies officially confirmed that they have received 1 billion yuan of financing from Tencent, and the current valuation of cat's eye movies has exceeded 20 billion yuan.

November 13 news, cat's eye movies officially confirmed that they have received 1 billion yuan of financing from Tencent, and the current valuation of cat's eye movies has exceeded 20 billion yuan. Cat's Eye movies had the largest number of monthly active users in the industry in the second quarter, while the number of daily active users was still lower than that of Taobaopiao.

Maoyan hopes to further enter the fourth-tier city market after obtaining financing this time. At present, Cat's Eye movies have a relatively high share in first-tier cities, while fourth-tier cities lag far behind Taobaopiao. Therefore, this market is also an urgent need for cat's eyes to open.

in September this year, Cat's Eye Film successfully merged with the era of Weiying to form a new company, Cat's Eye Weiying. "Cat Eye Weiying" will take Maoyan as the main body to cooperate with the related business of both sides, and Ray, Weiying, Tencent and Meituan Dianping will become the main direct shareholders of the company.

in June last year, Wang Changtian, chairman of Light Media, said in an interview that after Ray joined the management of Cat's Eye, the financing of Cat's Eye would be more smooth. Compared with similar websites, the financing valuation of Maoyan will be greatly improved.

Edit: mary