![]() ![]() TapTap challenges the common unfair taxation of the Chinese game distributors, and will help Bilibili reach more gamer audience.Ĭhinese video sharing and streaming platform Bilibili has invested HKD9.6 billion in domestic game distribution platform TapTap. Under the agreement, Hong Kong and Nasdaq listed Bilibili has purchased a 4.72% stake of Taptap's owner X.D. hk960m network chinese taptap bilibililiaotechcrunch driver 'Nobody will remember whether your stock went up or down on the debut in 10 years time.'hen has been seen as the real driver of Bilibilis success in recent years, persuading Chinese tech rivals Tencent and Alibaba to come on board as early investors as well as Sony. 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. 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. Hk960m network chinese taptap bilibililiaotechcrunch driver 'Nobody will remember whether your stock went up or down on the debut in 10 years' time.'hen has been seen as the real driver of Bilibili's success in recent years, persuading Chinese tech rivals Tencent and Alibaba to come on board as early investors as well as Sony. ![]() Network presents a win-win situation Bilibili can promote its games through TapTap's distribution channels and attract X.D. Network's game fans to its video streaming rooms, while Bilibili can help X.D. Network break out of its niche by reaching a broader audience on its platform.įounded in 2002, X.D. Hk960m network chinese taptap bilibililiaotechcrunch Jack gleeson Christine d clario Soul knight hack apk 3-0-1 Watch eternal sunshine of the spotless mind Tiny witch tattoo Ms pac man arcade1up Im James. ![]()
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