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CHOCO TV

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Asian drama and entertainment streaming media platform

Taipei, TaiwanFounded 2011
Total funding $10–50M Disclosed equity funding
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About CHOCO TV

CHOCO TV was a Taiwanese mobile video streaming platform launched by CHOCOLABS (CHOCO Media Co., Ltd.) in 2015. The parent company, CHOCOLABS, was founded in 2011 by David Liu and initially focused on developing mobile applications before transitioning into the video entertainment sector in 2014. CHOCO TV provided licensed content from various East Asian countries, including Taiwan, South Korea, Japan, and China.

Beginning in 2016, the company shifted its strategy to include the production of original content, focusing on genres like romance, horror, and detective stories that were often underserved by traditional broadcasters. This move was highlighted by their production of several popular drama series. The platform's business model was based on program production and copyright trading, similar to traditional broadcasting companies but without regional limitations.

In 2018, the Japanese subsidiary of South Korea's Naver Group, LINE Corporation, invested in CHOCO Media through its Mirai Fund, becoming the majority shareholder. Following this investment, on November 20, 2018, CHOCO TV terminated its services and all its content and user memberships were merged into LINE TV.

Source: Dealroom company data

At a glance

Founded
2011
Headquarters
Taipei, Taiwan

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

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Global footprint

Workforce and web traffic by country
Workforce by country
🇹🇼 Taiwan · Taipei HQ
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Market sentiment

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