Fidelity, F&H, Tiger Invest Jointly in Online Movie Service Platform (Asia)

Source: China Renaissance, Greater China Private Equity Review  |  Author: Polly Cheung

Fidelity’s China-focused venture capital and private equity arm Fidelity Growth Partners Asia, China- and Southeast Asia-focused private equity group F&H Fund Management and investment manager Tiger Global Management have invested a reported US$10 million in Mtime, a China-based online and mobile movie platform. Mtime intends to use the new financing to build up its full-service movie platform.