Alibaba acquires 8% stake in Nasdaq-listed Chinese anime streaming site Bilibili; Tencent paid $320M for its 12.3% stake in Bilibili in October (Rita Liao/TechCrunch)

Alibaba acquires 8% stake in Nasdaq-listed Chinese anime streaming site Bilibili; Tencent paid $320M for its 12.3% stake in Bilibili in October (Rita Liao/TechCrunch)


Rita Liao / TechCrunch:

Alibaba acquires 8% stake in Nasdaq-listed Chinese anime streaming site Bilibili; Tencent paid $320M for its 12.3% stake in Bilibili in October  —  Ecommerce giant Alibaba is continuing its push into the world of youth culture after it scooped up an 8 percent stake in anime streaming and game publishing company Bilibili.

Alibaba acquires 8% stake in Nasdaq-listed Chinese anime streaming site Bilibili; Tencent paid 0M for its 12.3% stake in Bilibili in October (Rita Liao/TechCrunch)
Source: Tech Meme

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