According to reports in Chinese local media, Bilibili.com announced that they have gained a strategic investment of USD400 million from Sony.
Meanwhile, the two parties will implement cooperation in various sectors, especially in animation and mobile game.
Based on the agreement signed by the two parties, Sony will subscribe 17,310,696 newly issued class Z ordinary shares of Bilibili for total consideration of about USD400 million via a wholly-owned subsidiary. On the completion of the transaction, Sony will own about 4.98% shares of Bilibili.
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