Alibaba takes 8 percent stake in Chinese video platform Bilibili – Xinhua (Stock Tip)

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 … Continue reading Alibaba takes 8 percent stake in Chinese video platform Bilibili – Xinhua (Stock Tip)