Bilibili Invests in Japanese Anime Maker Fun-Media [The Motley Fool]
Bilibili Inc. - American Depositary Shares (BILI)
Last bilibili inc. - american depositary shares earnings: 3/17 07:00 pm
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Source: The Motley Fool
The Chinese tech company wants to lock in more Gen Z viewers with a new anime deal. Chinese tech company Bilibili ( NASDAQ:BILI ) recently agreed to buy a minority stake in Fun-Media, a Japanese company that owns the animation studios Feel, ZEXCS, and Assez Finaud Fabric. These three studios previously produced popular series like This Art Club Has a Problem! , As the Moon, So Beautiful , Diabolik Lovers , The Great Passage , and Ketsuekigata-Kun . The terms of the deal were not disclosed. Fun-Media president Kawasaki Tomoko stated that the company was delighted to have Bilibili as our investor and partner, and that the two companies share the common goal of delivering high-quality animation products to audiences around the world. Tomoko stated that Fun-Media's animated series and films will further complement Bilibili's broad array of animation content. Image source: Bilibili. Understanding Bilibili's strategy Bilibili went public at $11.50 in Marc
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