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0.00159786950732344 0.00346205059920094 0.00639147802929414 0.00752596537949388 0.00492143808255647 0.00612516644474026 0.00932090545938733 0.0109027962716378
Stock impact report

Alibaba takes 8 percent stake in Chinese video platform Bilibili - Xinhua [Reuters]

Bilibili Inc. - American Depositary Shares (BILI) 
Last bilibili inc. - american depositary shares earnings: 3/17 07:00 pm Check Earnings Report
Company Research Source: Reuters
Alibaba takes 8 percent stake in Chinese video platform Bilibili - Xinhua | Reuters 1 Min Read HONG KONG (Reuters) - Alibaba Group Holding Ltd has bought an 8 percent stake in Chinese video platform Bilibili Inc, the official Xinhua news agency reported on Thursday. Alibaba’s e-commerce retail arm, Taobao, will own 24 million shares in Bilibili, one of China’s leading online video sharing and entertainment platforms which listed on Nasdaq in March, Xinhua reported. Chen Rui, Bilibili’s CEO and chairman, was quoted by Xinhua as saying that he hoped the collaboration would help boost Bilibili’s users by leveraging on Taobao’s huge platform. Alibaba and Bilibili were not immediately available for comments. Xinhua gave no further details of the deal such as the price. Reporting by Meg Shen in Hong Kong and Lee Chyen Yee in Singapore; Editing by Alexandra Hudson All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rig Show less Read more
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