Xunlei, a Chinese website that allows users to share video footage, is set to receive investment from Google, according to its head of the operations in Shanghai.

Henry Wang told Bloomberg reporters that details of the investment with the search engine giant are to be disclosed in January, however he refused to give further comment.

According to the publication, Google's proposed investment in the Shenzhen-based company may help it tap into the growing online video sector for the world's second-largest internet market.

Bloomberg added that current investors in Xunlei include IDG Venture Capital and Morningside Asia Advisory.

Earlier this year, the search engine company bought video-sharing website YouTube in a $1.65 billion (£883 million) deal.

Last week Google launched a service that allows users to search seven million patents granted in the United States.