×
38 232
Fashion Jobs
PUMA
Senior Manager, Analytics - Ecommerce
Permanent · Westford
ATHLETA
General Manager - Newbury Street
Permanent · Boston
ANN TAYLOR
Ann Taylor Stanford Shopping Center Sales Lead Manager/Merchandising Specialist
Permanent · Palo Alto
OLD NAVY
General Manager - Crossing of Decatur
Permanent · Decatur
OLD NAVY
General Manager - Danbury Fair
Permanent · Danbury
OLD NAVY
Assistant General Manager, Merchandising - Ridgeway Center
Permanent · Stamford
OLD NAVY
Loss Prevention Agent - Downey Landing
Permanent · Downey
TOO FACED
Executive Director, Product Marketing
Permanent · IRVINE
PVH
Account Executive ii, Corporate Outfitters (Promotional/Uniform) - Pvh Corp
Permanent · Bridgewater Township
PVH
Email Operations Manager, CRM - Calvin Klein
Permanent · New York
TJX COMPANIES INC.
Senior Financial Analyst
Permanent · Marlborough
TJX COMPANIES INC.
District Loss Prevention Manager
Permanent · Dallas
MACY'S
Regional Business Analyst
Permanent · New York
KOHLS
Part-Time Loss Prevention Associate (Plainfield, in)
Permanent · Plainfield
KOHLS
Full-Time Loss Prevention Officer
Permanent · North Huntingdon
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Northborough
KOHLS
Part-Time Loss Prevention Officer
Permanent · Burlington
KOHLS
Full-Time Loss Prevention Officer
Permanent · Danvers
ALL SAINTS
Distribution Center - Office Administrator
Permanent · Bolingbrook
GAP INC
District Visual Manager IT - Austin And el Paso
Permanent · Austin
GAP INC
Loss Prevention Agent - Mall at Bay Plaza
Permanent · Bronx
L'OREAL GROUP
l'Oreal Travel Retail Americas- Demand Planner
Permanent · Miami

Alibaba takes stake in Chinese video platform Bilibili

By
AFP-Relaxnews
Published
today Feb 15, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Alibaba has bought an eight percent stake in Chinese online video sharing and entertainment service Bilibili for an undisclosed amount, state news agency Xinhua reported.

AFP


Alibaba's e-commerce arm Taobao will reportedly own 24 million shares in Nasdaq-listed Bilibili, which claims tens of millions of regular users, mainly among young anime, comic and computer game fans in China.

Chen Rui, Bilibili's CEO and chairman, said he hoped the collaboration would help Bilibili to attract yet more users by tapping into Taobao's huge platform, the Xinhua report said late Thursday.

The two sides had announced a partnership in December which allows Bilibili users to create videos and other content to promote merchandise sold on Taobao.

Bilibili has carved out a following by allowing viewers to add comments on livestreams of anime cosplay performances and video tutorials for popular online games.

Bilibili also offers music and TV serials, putting it in direct competition with Tencent video and Alibaba-owned Youku.

China's top gaming company Tencent bought a 12.8 percent stake in Bilibili for $318 million in October.

It marks a rare case in which a Chinese startup received investment from the two rival tech giants.

Despite its popularity, Bilibili is yet to turn a profit. The company lost 202.7 million yuan (US$ 29.9 million) in the third quarter last year, much higher than the 2.9 million loss recorded in the same period in 2017.
 

Copyright © 2020 AFP-Relaxnews. All rights reserved.

Tags :
Others
Media