Communication Apr 01, 2021 07:32 PM (GMT+8) · EqualOcean
Bilibili announced a strategic investment of about HKD 960 million in the gaming company XD. Both companies want to establish deeper cooperation in the video games field and the gaming community TapTap. Upon completion of the transaction, Bilibili will hold approximately 4.72% of XD's shares. XD was founded in 2002 and is one of the top five Chinese game operators that earn most of the game operating revenue overseas. XD also runs TapTap, the largest game community, and platform in China. This briefing is contributed by and first appeared on CIMK.

Source: CIMK

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