Bilibili Completes Strategic Investment in Huanxi Media with HK$513M Transaction Size
(Source: Open Talk) Chinese video platform Bilibili has completed its strategic investment in media company Huanxi Media, subscribing for 347 million additional common shares issued by Huanxi Media at a price of HK$1.48 per share with a transaction size of HK$513 million.Bilibili holds approximately 9.9% of Huanxi Media’s equity as…
bubmagSeptember 25, 2020