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Summary
The Group will focus on deepening reach in Japan, expanding to US and other new markets TAIPEI, May 11, 2020-- M17 Entertainment Limited ("M17"), operator of the largest live streaming platform for Developed Asia, today announced that it has secured US$26.5 million in Series D funding. Joseph Phua, M17s Chief Executive Officer, said, "M17 provides a virtual stage for performers to explore what is possible both artistically and financially, by allowing them showcase their talent and interact directly with fans everywhere in real-time. This new funding allows us to continue our mission of empowering artists around the world, through our online live streaming and social commerce platforms. The company will focus on deepening its presence in Japan and the rest of Developed Asia, while planning expansion into the United States and new markets such as the Middle East, with the aim of securing substantial new users and artists. We will continue to leverage technology and deliver the best social interaction solutions to our artists and superior online entertainment to our audiences right in their own homes," said Joseph Phua.