Alibaba said to take 8% stake in Chinese video platform Bilibili

Alibaba said to take 8% stake in Chinese video platform Bilibili

Photographer: Gilles Sabrie/Bloomberg

Alibaba Group Holding Ltd has bought an 8 percent stake in Chinese video platform Bilibili Inc, the official Xinhua news agency reported on Thursday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter