Epic is engaged in courtroom battles with Apple Inc. Under the agreement, Hong Kong and Nasdaq listed Bilibili has purchased a 4.72 stake of Taptap's owner X.D. Some of the money will likely go to lawyers. Chinese video sharing and streaming platform Bilibili has invested HKD9.6 billion in domestic game distribution platform TapTap.
Rowe Price Group Inc., the people familiar with the talks said. Among the backers committed to the latest round are funds managed by Fidelity Investments, Franklin Templeton, and T. The game allows viewers to interact with the video by tapping on the screen and win points or earn rewards. Network Chinese Taptap, a popular streaming platform, has recently acquired Chinese Taptap in a deal worth HK960 million. Bilibili, the go-to video streaming platform for young Chinese, is the latest to make a major gaming deal. It is designed to be a channel for Chinese users to watch and share videos, as well as play interactive Tap Tap games. It acquired some buzzy startups, including the maker of Fall Guys, a party game that has seen a surge in players during the coronavirus pandemic. Chinese Taptap is a game platform from Chinese tech company Bilibili. of all ends Send comments Watch exclusive contents Log in Now Tap here to. Epic said last August that it had raised $1.78 billion at a valuation of $17.3 billion. Bilibili recently launched Bcut (Bijian), its first mobile app for video. Chinese Taptap This cutting-edge platform offers a unique and immersive experience, combining video sharing, live broadcasting, gaming, and social networking all in one place. The fundraising machine went into overdrive during the last few years, driven by the ascent of Fortnite. Are you tired of the same old mainstream streaming platforms Looking for something new and exciting to satisfy your thirst for Chinese entertainment Look no further than Bilibili HK960M X.D. The capital comes primarily from mutual funds and other big institutional investors, many of which are existing backers, the people said.
The company has already secured commitments of more than $1 billion, and the final amount isn’t set, said the people, who asked not to be identified because the discussions are private. The terms value the business at about $28 billion, people familiar with the discussions said.
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