Tian Ge Interactive Holdings Ltd., the parent company of online video broadcasting platform 9158.com, files for IPO on the Hong Kong Stock Exchange to raise up to HK$1.6 billion (US$210mn). It will begin trading on July 9. It will be the second Chinese online show platform, after YY, to go public.
The company was founded in 2008 by Fu Zhengjun. Before Tian Ge, Fu developed an online video chatting room service that allowed up to ten people in one session.
In November 2008 Tian Ge launched a real-time video broadcasting site, 9158.com, which would become an online amusement park comprised of online show performers, third parties — performer agents, show room/channel owners and show distributors, and audiences. A mobile version was launched in 2012.
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