Tian Ge Interactive Holdings Ltd., the parent company of online video broadcasting platform 9158.com, files for IPO on the Hong Kong Stock Exchange to raise up to HK$1.6 billion (US$210mn). Before Tian Ge, Fu developed an online video chatting room service that allowed up to ten people in one session. 11.5% of them spent more than 1200 yuan (about US$200) in 2013 and 3.1% spent more than 6000 yuan (US$1000) with Tian Ge! Both YY and Tian Ge, however, have been expanding to other forms of entertainment performance, gameplay broadcasting and online education. The founder of Tian Ge once said the company would go for IPO in the U.S.