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Iflix gets US$90m to battle Netflix in emerging markets
Published Wed, Mar 8, 2017 · 09:50 PM
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Los Angeles
IFLIX, a video-streaming service with customers mostly in South-east Asia, raised US$90 million in a round led by telecommunications giants Liberty Global plc and Kuwait-based Zain to take on Netflix Inc and Naspers in Africa and the Middle East.
The investment will also fund expansions throughout Asia, the company said on Tuesday.
Iflix offers cust…
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