Under the agreement, Hong Kong and Nasdaq listed Bilibili has purchased a 4.72% stake of Taptap's owner X.D. The investment aims to enrich the video platform's content that caters to the diverse tastes of animation fans, gamers, and merchants. Initially positioned as a playground for China's ACG (anime, comics, and games) community, Bilibili has been expanding its offerings to a wide range of categories, like fashion, lifestyle, beauty, music, and technology. Their ambition is to become a comprehensive and vibrant community for all kinds of users and video creators.ĭespite its more diversified business, Bilibili's games are still its largest revenue-generating sector, which accounted for 40% of the total revenue in 2020. According to TechCrunch, Bilibili will purchase 22.66 million shares of X.D.However, the gaming sector showed flat growth over the past year, declining from 71% and 53% in 20.Īccording to Bilibili's financial report, its game sector generated total revenue of CNY1.13 billion in the fourth quarter of 2020, down 11.7% month-over-month.Īs one of the cash cows of Bilibili, slowing revenue growth of the gaming sector is not a good sign, especially for a loss-making company like Bilibili, which has been in the red for 13 consecutive quarters. Bilibili debuts at NYCC, the largest comics convention in North AmericaĪs part of its debut at this year's NYCC, Bilibili will showcase several distinctive and popular animation works created and produced in China including Incarnation, To Be Heroine, Flavors of Youth, Great Journey Of Teenagers and Little Bean. Chinese video sharing and streaming platform Bilibili has invested HKD9.6 billion in domestic game distribution platform TapTap. Network’s common stock, which will give it a 4.72 stake.The deal will help the Chinese giant to strengthen its position in the game market. Under the agreement, Hong Kong and Nasdaq listed Bilibili has purchased a 4.72 stake of Taptap's owner X.D. Network, among the most experienced indie game publishers in China, illustrates the commitment to the Chinese market and the Group’s intention to bring successful contents and unique videogames to Asia. In addition, Bilibili will broadcast high-quality material created by its content creators as well as highlights of the documentary What Historybook Tells on the large screen at their booth. The upcoming documentary produced by Bilibili adds an interesting and humorous twist as it relates some of the magical and incredible events that have taken place during the course of human history.īilibili's booth, designed to be instantly recognizable as being "Chinese" by all visitors to the event, will feature classical Chinese garden scenes with a blue and white motif, creating a new and distinctive experience for visitors to NYCC. List of the most famous games, as well as games released in recent years from X.D. Network, which runs Chinese game distribution platform TapTap mobile games accounted for 40 of Bilibilis 2020 revenues (Rita Liao/TechCrunch). The presence of Bilibili's mascots 22 and 33 dressed in the finest finery and the showcasing of a small television set serving as the centerpiece for a clothing ensemble will set the scene for engaging and interesting interactions with passers-by. All games from the list contain descriptions, videos, screenshots, release date, reviews, ratings from users and other useful information. Network (Owners of TapTap) These companies were shown to have improved in user satisfaction, corporate innovation, product quality, transparency and integrity, brand image, and user service. Network are sorted by the date they were added, with the company's most recent releases first. The good news about these and other game companies in China is that the reputation of the whole industry has improved. It has agreed to invest HK960 million (about 123 million) into X.D. In an exclusive interview with TechCrunch, Klarna CEO and founder. Previously, Bilibili had been an exhibitor at many well-known comic expos including the Anime Japan and Comic Market and Singapore's Chara Expo. Network, which runs the popular game distribution platform TapTap in China, the company announced on Thursday. Noting that unlike China with Alipay, Nubank in Brazil and increasingly Latin America.
0 Comments
Leave a Reply. |