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News: General

Approaching Launch, Quibi Raises $750M More

Tuesday, March 10, 2020   (0 Comments)
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From TheWrap:

Quibi, the upcoming mobile-only streaming service led by Jeffrey Katzenberg and Meg Whitman, has raised an additional $750 million in funding, a rep for the company confirmed to TheWrap.

The latest raise comes about a month before the service’s official April 6 debut. Altogether, Quibi has now raised $1.75 billion, following an initial $1 billion investment when the company was founded in 2018.

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