Alibaba acquires 8% stake in Nasdaq-listed Chinese anime streaming site Bilibili; Tencent paid $320M for its 12.3% stake in Bilibili in October (Rita Liao/TechCrunch)

Rita Liao / TechCrunch:
Alibaba acquires 8% stake in Nasdaq-listed Chinese anime streaming site Bilibili; Tencent paid $320M for its 12.3% stake in Bilibili in October  —  Ecommerce giant Alibaba is continuing its push into the world of youth culture after it scooped up an 8 percent stake in anime streaming and game publishing company Bilibili.

from Techmeme http://bit.ly/2TU1gWn