On February 14, 2019, Alibaba Group Holding Ltd (NYSE:BABA) indicated that they had acquired 8% stake in Billibili Inc. (NASDAQ:BILI) with the aim of leveraging the platform to encourage buying of products from the e-commerce platform. Bilibili is a Chinese video streaming platform that has over 92 million active users […]
Tag: NASDAQ:BILI
Bilibili Inc – ADR (NASDAQ:BILI) Signs a Business Collaboration Agreement with Alibaba Group Holding Ltd (NYSE:BABA)’s Taobao Marketplace
Bilibili Inc – ADR (NASDAQ:BILI) is in a seemingly unquenchable partnership craze. The company has recently teamed up with Alibaba Group’s Taobao Marketplace to jointly develop an ecosystem focused on connecting content creators, merchandise and users from both divides on a single platform. Through the strategic partnership, Bilibili’s content creators […]
Bilibili Inc. (NASDAQ:BILI) In an Acquisition Spree Following Strong Q3 2018 Earnings
Amidst regulatory hurdles in the vast Chinese Technology space, Bilibili Inc (NASDAQ:BILI) manage to post better-than-expected third quarter earnings and is now focused in enriching its offerings. Acquisition of NetEase’s affiliates assets The giant Chinese online entertainment platform targeting millennials has inked a definitive agreement to acquire significant assets belonging […]
Bilibili Inc. (NASDAQ:BILI) Turns Bullish After Earnings Beat & Tencent Investment
Bilibili Inc. (NASDAQ:BILI), the YouTube of China, is the subject of renewed investor interest after reporting solid third-quarter results. The Chinese Tech company, which went public in March, came under immense selling pressure on skyrocketing to record highs of $22 a share. The stock has since bounced back after initially […]