Sony: Investing in bilibili in China: Youtube in China
Sony:
Sony Japan has been added to the strategic investor list of video distribution service “bilibili”, following Tencent and Ali Tomoe.
China video bilibili:
Bili Bili is listed on the NASDAQ of the United States.
Disclosure of public notice before the start of trading on April 9.
Sony / American corporation announced that it will invest $ 400 million and acquire 4.98% of the issued shares.
Status of major shareholders:
Largest shareholder: Chairman of the Board / Mr. Chen Chen is 14.22%,
2nd place: Tencent is 12.59%,
3rd place: 8.3% of the founder / Mr. Xu Yi,
4th place: Alibaba is 6.8%.
bilibili: Competitor
The following Chinese video distribution service.
Aikiki (iQIYI),
Tencent Video (Tencent Video),
Youku, etc.
Investment this time:
We will further enhance the content through a capital tie-up with Sony.
Biribiri is unique content created by video creators,
Comment writing function on the animation / game screen
It forms its own cultural community.
Recent achievements:
However, there are concerns about business performance.
Sales for October-December 2019:
The amount was 2,080 million yuan (about 30.9 billion yen), an increase of 74% from the same period of the previous year.
However, the net loss was 387 million yuan (5.9 billion yen).
The amount of deficit has expanded to more than double that of the same period last year.
Toyo Keizai Online