Last month, Bilibili and its founder Chen Rui submitted to Xu a term sheet - a non-binding agreement describing the basic terms and conditions of an investment - said the first two people.Ī 24% stake in Yoozoo is worth about $475 million based on the Shenzhen-listed company's market capitalisation of $1.98 billion on Wednesday. In addition to the stake purchase, Bilibili and Chen are looking to acquire Yoozoo's headquarters building in Shanghai and take on debt of nearly 700 million yuan the company's late founder Lin Qi left, said the two people.īilibili, which last week invested HK$960 million ($123 million) for a 4.72% stake in online game developer X.D. Network, could team up with some Shanghai-based state investors to form a consortium for the deal, they added.Ī Bilibili spokeswoman denied it was seeking a deal with Yoozoo.
Yoozoo, which is the developer of the popular 'Game of Thrones: Winter Is Coming' game, did not reply to a request for comment.Īnother attraction for Bilibili to team up with Yoozoo is content opportunities.
#Bilibili x.d. chinese taptap tv
Yoozoo has sole rights globally for film and TV adaptations of the Hugo Award-winning science fiction novel - The Three-Body Problem.
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