Reported about 19 hours ago
Xunlei Limited (NASDAQ:XNET) announced the completion of its acquisition of Shanghai Kuanghui Network Technology Co., Ltd., which operates the sports media platform Hupu, for a total of RMB 500 million. This strategic move is expected to combine Xunlei's technology and user base with Hupu’s quality sports content to enhance community engagement and sports consumption.
Source: YAHOO