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Friday, 15 February 2019
Alibaba takes an 8% stake in Tencent-backed anime streaming site Bilibili
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. According to a securities filing on Thursday, Alibaba’s Taobao marketplace has acquired about 24 million shares in Bilibili, the Shanghai-based firm that has captured 93 million monthly users […] http://bit.ly/2GrTHDe Rita Liao February 15, 2019 at 12:00AM
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