Tencent and Paytm are considering a $100m investment in MX Player, a video streaming service majority owned by Times Internet.

India-based online streaming platform MX Player is in discussions with internet group Tencent and payment processing firm Paytm regarding a $100m investment, Bloomberg reported yesterday, citing people familiar with the matter. Tencent, Paytm and MX Player have all declined to comment on the report. Sources privy to the discussions told Press Trust of India the…

The rest of this content is only accessible to Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.