Bilibili, others to invest $110m in HK-listed mobile game publisher CMGE
Rui Chen, chairman and chief executive officer of Bilibili Inc., stands for a photograph during the company’s initial public offering (IPO) outside of the Nasdaq MarketSite in New York, U.S., on Wednesday, March 28, 2018. Bilibili, China’s top online platform for streaming animation, is poised to raise $483 million in its U.S. initial public offering, according to people with knowledge of the matter. Photographer: Michael Nagle/Bloomberg
A group of investors including Chinese video platform Bilibili has agreed to invest a total of nearly HK$851.1 million ($109.6 million) in Hong Kong-listed mobile games publisher CMGE Technology Group, shows a filing with the stock exchange on Thursday.
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