MX Player Acquired
MX Player began in 2011 as a Seoul-based Android video-player app by J2 Interactive, popular in India for playing local video files smoothly on low-end phones. Times Internet acquired majority control in 2018 and relaunched it as an OTT streaming platform (Feb 2019), with Tencent later leading a $110.8M round. Revenue and user base declined through the early 2020s and…
MX Player: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 29 Oct 2019 | Series Unknown | $110.8 Mn | Tencent Times Internet Limited | source |
Acquisitions
News on MX Player
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How much funding has MX Player raised?
MX Player has raised $110.8 Mn across 1 tracked funding round(s), most recently on 2019-10-29. Figures are compiled from cited public sources.
Who are the investors in MX Player?
Investors in MX Player include Tencent, Times Internet Limited.
What does MX Player do?
MX Player began in 2011 as a Seoul-based Android video-player app by J2 Interactive, popular in India for playing local video files smoothly on low-end phones. Times Internet acquired majority control in 2018 and relaunched it as an OTT streaming platform (Feb 2019), with Tencent…
Where is MX Player headquartered?
MX Player is headquartered in Mumbai, Maharashtra, India.
What is MX Player's business model?
MX Player's core value proposition centers on Free, ad-supported video playback and streaming, Large local-language original content library.
How does MX Player make money?
MX Player's cited revenue streams include Advertising, Subscriptions, Branded content & syndication.