{"id":19812,"date":"2020-04-15T16:00:40","date_gmt":"2020-04-15T16:00:40","guid":{"rendered":"http:\/\/routenote.com\/blog\/?p=19812"},"modified":"2020-04-15T15:09:38","modified_gmt":"2020-04-15T15:09:38","slug":"sony-invests-400-million-in-chinese-streaming-company-bilibili","status":"publish","type":"post","link":"https:\/\/routenote.com\/blog\/sony-invests-400-million-in-chinese-streaming-company-bilibili\/","title":{"rendered":"Sony invests $400 million in Chinese streaming company Bilibili"},"content":{"rendered":"

Sony Corporation buys $400m stake in Bilibili, a Chinese platform offering mobile games, livestreaming and video\/animation.<\/span><\/h4>\n\n\n

Currently partially owned by Tencent and Alibaba, Sony invested 17.3 million shares in a 4.98% stake in the company, valuing Bilibili at $8 billion. Popular among Gen Z, Bilibili is a platform designed for a huge and growing livestreaming market, attracting over 130 million monthly active users.<\/p>\n\n\n\n

Sony believes China is a key strategic region in the entertainment business, and this investment in Bilibili is in line with Sony’s strategy. Additionally, Sony and Bilibili have entered into a Business Collaboration Agreement, pursuant to which the parties agreed to pursue collaboration opportunities in the entertainment field in China, including animation and mobile game apps.<\/p>Sony<\/a>
<\/cite><\/blockquote>\n\n\n\n

The strategic investment and business cooperation further align our goals to bring best-in-class content offerings and services to our users, as we increase our domestic stronghold in animation and mobile games. We look forward to joining efforts on a broader scale to fulfill the tremendous and growing entertainment needs in China.<\/p>Rui Chen, CEO, Bilibili<\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Sony Corporation buys $400m stake in Bilibili, a Chinese platform offering mobile games, livestreaming and video\/animation. Currently partially owned by Tencent and Alibaba, Sony invested 17.3 million shares in a 4.98% stake in the company, valuing Bilibili at $8 billion. Popular among Gen Z, Bilibili is a platform designed for a huge and growing livestreaming market, attracting over 130 million monthly active users. Sony believes China is a key strategic region in the entertainment business, and this investment in Bilibili is in line with Sony’s strategy. Additionally, Sony and Bilibili have entered into a Business Collaboration Agreement, pursuant to which…<\/p>\n","protected":false},"author":9,"featured_media":19818,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[13414,13415,6703,7778,13418,2509,13416,4087,2594,6153,6936,6693,13419,830,13420,6539,20,13417,7402,422,6859,69],"acf":[],"yoast_head":"\nSony invests $400 million in Chinese streaming company Bilibili - RouteNote Blog<\/title>\n<meta name=\"description\" content=\"Sony Corporation buys $400m stake in Bilibili, a Chinese platform offering mobile games, livestreaming and video\/animation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/routenote.com\/blog\/sony-invests-400-million-in-chinese-streaming-company-bilibili\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sony invests $400 million in Chinese streaming company Bilibili - 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