The ratio had declined from 71% and 53% in 20, a sign that it’s trying to diversify revenue streams beyond distributing games. It has agreed to invest HK960 million (about 123 million) into X.D.
BILIBILI HK960M NETWORK TAPTAP BILIBILILIAOTECHCRUNCH PROFESSIONAL
Though known for its trove of video content produced by amateur and professional creators, Bilibili derives a big chunk of its income from mobile games, which accounted for 40% of its revenues in 2020. /rebates/&252fbilibili-hk960m-network-taptap. Under the agreement, Hong Kong and Nasdaq listed Bilibili has purchased a 4.72 stake of Taptaps owner X.D. The decision looks ill-advised as at least one villain is more interested. In an effort to alleviate the overworked heroes, they turn to villains themselves for help.
The partners will initiate a series of “deep collaborations” around X.D.’s own games and TapTap, without offering more detail. An increase in villain activity has the Hero Organization worried that the 'Earthdoom prophecy' will soon come to pass. Network, which runs the popular game distribution platform TapTap in China, the company announced on Thursday.ĭual-listed in Hong Kong and New York, Bilibili will purchase 22,660,000 shares of X.D.’s common stock at HK$42.38 apiece, which will grant it a 4.72% stake. Network, which runs the popular game distribution platform TapTap in China, the company announced on Thursday.
It has agreed to invest HK$960 million (about $123 million) into X.D. It has agreed to invest HK960 million (about 123 million) into X.D. To find out what BILIBILI HK is like, and review of BILIBILI HK, come to TapTap BILIBILI HK section and take a look. Competition in China’s gaming industry is getting stiffer in recent times as tech giants sniff out potential buyouts and investments to beef up their gaming alliance, whether it pertains to content or distribution.īilibili, the go-to video streaming platform for young Chinese, is the latest to make a major gaming deal.
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