About Viu
Viu is a Hong Kong-headquartered video-on-demand service owned by PCCW Media, launched in 2015. Available in Southeast Asia markets such as Thailand, Indonesia, Malaysia, Philippines, Singapore, and Middle East nations including UAE, Saudi Arabia, plus South Africa, it streams Asian dramas, movies, and original series with multilingual subtitles.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Subscription
Valuation
$611M (Aug 2017)
Viu Valuation
Viu is currently valued at $611M, based on its undisclosed-stage round in August 2017.
The $110M round included Temasek, Hony Capital and Foxconn Ventures.
Viu valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Aug 2017 | Undisclosed stage | $611M |
Viu Funding History
Viu has raised a total of $110M across 1 funding round, plus 1 secondary share sale.
Viu funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2023 | Secondary | Canal+ (lead) | $200M | - | Viu is a pan-regional over-the-top video streaming service operating across Asia, the Middle East, and South Africa, with a dual revenue model combining ad-supported free content and premium subscription tiers. The platform serves over 66 million monthly active users and 12 million paid subscribers as of mid-2023, and has been consistently ranked among the top two video streaming platforms in Southeast Asia by user engagement and subscribers. In June 2023, Canal+ Group formed a strategic partnership with PCCW to invest in Viu's growth. Canal+ committed to a staggered US$300 million investment, with an initial tranche of US$200 million that granted Canal+ a 26.1% stake in the platform. An additional optional investment could have increased Canal+'s stake to 51%. By December 2023, Canal+ had completed the full US$300 million investment and increased its stake to 36.8% after satisfying key business milestones. For the fiscal year 2023, Viu recorded US$314 million in revenue, representing 22% year-over-year growth, demonstrating the platform's strong commercial traction and expansion trajectory in Asia's streaming market. |
| Aug 2017 | Undisclosed stage | Temasek; Hony Capital; Foxconn Ventures | $110M | $611M | PCCW OTT, the parent entity operating the Viu video streaming service along with Vuclip and MOOV music streaming, secured a strategic investment of US$110 million from Hony Capital, Foxconn Ventures, and Temasek Holdings on August 10, 2017. The investors acquired approximately 18% of the enlarged issued share capital through the purchase of 11 million preference shares, implying a post-money valuation of around $611 million for PCCW OTT. PCCW Media retained control as the majority shareholder post-investment. Viu, launched in October 2015, was a premium OTT service focused on Asian and Middle Eastern markets, offering Korean dramas, Chinese, and Japanese content, with over 12 million monthly active users across 15-16 territories including Hong Kong, Singapore, Malaysia, India, Indonesia, the Philippines, Thailand, and several Middle Eastern countries as of mid-2017. Users averaged 1.5 hours of daily viewing. The investment complemented PCCW OTT's portfolio, which included short-form video platform Vuclip (acquired in 2015, operating in 19 markets) and music service MOOV. Proceeds from the $110 million round were earmarked to enhance content offerings with more locally relevant originals, advance video streaming technologies, and expand into high-growth markets in Asia, the Middle East, and beyond. Hony Capital held an option to buy additional preference shares at $10.00 each, potentially increasing the investors' stake to 20.6%. The deal positioned PCCW OTT to strengthen its market leadership amid rising competition in mobile-centric, ad-supported, and subscription-based OTT services. Viu differentiated through regional language content like Tamil and Telugu in India, telco integrations for micro-payments, and a mix of premium subscriptions and advertising. |
Who has invested in Viu?
4 investors have backed Viu across its funding rounds, including Temasek, Hony Capital, Canal+ and Foxconn Ventures.
Lead investors include Canal+.
Viu Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Aug 2017 | ||
| 1 | Participant | Aug 2017 | ||
This data is available for Pro users. Sign up to see all 4 Viu investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialViu Competitors
Viu competitors include listed companies like Viaplay and Saregama India, and private ones like Caffeine, Vidaa, PPTV and Kuku FM.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $600M | - | ||
| Publicly listed | $1.8B | ($40M) | $631M | 0.6x | ||
| Private | - | - | $583M | - | ||
| Private | $116M | - | $568M | 4.9x | ||
| Private | $26M | - | $550M | 21.2x | ||
| Publicly listed | $100M | $36M | $979M | 8.6x |
Viu Public Comps
Viu is still privately-owned, but its public comps include Viaplay, Cover, AMC Global Media, Stingray Group, HUYA, Bemobi, Zee Entertainment, TVZone Media, Nine Entertainment and Xunlei.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.8B | ($40M) | 0.7x | 0.6x | (29.5x) | 11.7x | |||
| $317M | $34M | 1.9x | 1.9x | 17.6x | 9.8x | |||
| $2.3B | $1.2B | 0.8x | 0.8x | 1.5x | 4.4x | |||
| $328M | $28M | 3.5x | 2.9x | 40.8x | 8.5x | |||
| $970M | ($27M) | 0.1x | 0.1x | (4.2x) | 11.3x | |||
| $330M | $51M | 1.2x | 2.4x | 7.8x | 7.2x | |||
| $843M | $43M | 0.6x | 0.6x | 12.5x | 8.9x | |||
| $51M | $6M | 7.3x | - | 61.6x | - | |||
This data is available for Pro users. Sign up to see all Viu competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Viu
| When was Viu founded? | Viu was founded in 2015. |
| Where is Viu headquartered? | Viu is headquartered in Hong Kong, Hong Kong. |
| Is Viu publicly listed? | No, Viu is a private, VC-backed company. |
| What is Viu's valuation? | Viu was last valued at $611M in its undisclosed-stage round in August 2017. |
| How much funding has Viu raised? | Viu has raised $110M across 1 funding round. |
| What was Viu's last funding round? | Viu's last funding round was a $110M undisclosed-stage round in August 2017. |
| Who are Viu's investors? | Viu's investors include Temasek, Hony Capital, Foxconn Ventures and Canal+. |
| Which companies are comparable to Viu? | Companies comparable to Viu include Caffeine, Viaplay, Vidaa, PPTV, Kuku FM and Saregama India. |
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