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Rumor: Xunlei Obtains Funding from Murdoch-Owned Fund

Sina Tech, 6/13/11

An investor source has reported that a Rupert Murdoch-affiliated equity fund recently completed investing an undisclosed sum in Chinese online P2P video service provider, download accelerator software developer, and online game operator Xunlei Limited, valuing the company at approximately USD 1 bln. Xunlei, now in the midst of an IPO quiet period, declined to make an official statement.

Editor's Note: For more information on this topic, please see "Xunlei Files for Nasdaq IPO," MD 6/09/11 issue.

Keywords: online video Rupert Murdoch Internet IPO investment software Xunlei P2P XNET online gaming

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