![]() ![]() In other words, the combination of video platform and games platform could grow more competitive - YouTube + Google Play, Bilibili + TapTap, TikTok + new Bytedance platform - and might ultimately make 0% revenue share the norm. The obvious name missing is Bytedance therefore, it wouldn’t be surprising to see Bytedance launch a self-developed gaming hub to counter TapTap with TikTok as its primary means of driving user acquisition. Tencent increased its position to 18% in 2020, Alibaba took a 10.8% stake back in 2019, and Sony bought in at $400M for 4.98% in 2020. Things get more interesting when you look at who owns a stake in Bilibili. It will fascinating to see how others follow suit. #Bilibili hk960m network chinese taptap androidThis powerful combo is already proven - miHoYo launched Genshin Impact in China primarily through a collaboration between Bilibili and TapTap, skipping the traditional Android app stores. XD’s Interim Report 2020 shows that TapTap’s advertising revenue sits at $38M, a 20% increase from the previous year.īack to X.D Networks’ investors: Bilibili’s investment signals a closer collaboration between China’s most popular long-form video network and China’s most popular gamer hub. Devs can now direct their Android user acquisition efforts towards TapTap, which creates a win-win-win situation: TapTap gets more users, the players get an amazing gamer hub, and devs don’t pay any store fees. #Bilibili hk960m network chinese taptap downloadWhile TapTap is available on both Android and iOS, only the Android version allows players to download games directly (the iOS version serves only as the community hub). While X.D Network has many successes as a game developer, its mobile game platform TapTap plays a more important role in China’s gaming ecosystem and is likely the key to investor interest.įor the uninitiated, TapTap is a community-focused mobile game platform that allows studios to distribute their games at 0% revenue share. Bilibili recently announced it will invest $123M for a 4.72% stake while Alibaba bought 0.76% for $20M. Shanghai-based X.D Network is in the center of the action, and the company just welcomed two new prominent investors to its roster. The group of video creators on Bilibili were invited to join the Out of Poverty: Not One Less campaign to tell stories about China's decades of poverty alleviation efforts, Yicai. This is most striking in China, where developers are increasingly questioning the legacy app store distribution and business model. (Yicai Global) June 30 - Chinese video platform Bilibili and mobile game developer TapTap have kicked off a poverty alleviation campaign with 24 vloggers. It’s clear that as anticompetitive pressures rise, content providers in certain regions are beginning to gain leverage in an evolving ecosystem with new models of user acquisition. Bilibili climbed 5.07 percent to HKD870 (USD112) apiece and Alibaba gained 2.55 percent to HKD225.60 (USD29).There are major momentum shifts happening in mobile games distribution around the world: Apple vs Epic, app store fee reductions, Genshin Impact bypassing major Chinese app stores at launch, etc. Shares in Bilibili and Alibaba advanced today. The group of video creators on Bilibili were invited to join the Out of Poverty: Not One Less campaign to tell stories about China's decades of poverty alleviation efforts, Yicai Global learned during a kick-off event held in Shanghai yesterday. XD is also preparing to sell USD280 million in convertible bonds that it will use to improve its product portfolio, as well as for strategic investment and marketing, it said. Hangzhou-based Alibaba also offers a number of proprietary mobile games through its e-commerce platform Taobao. The Shanghai-based video site holds the China live-streaming rights for three major global e-tournaments, namely League of Legends, Overwatch and PlayerUnknown’s BattleGrounds, through its unit Bilibili E-Sports. It had earlier in the day reached HKD59.40.īilibili has bought a 4.72 percent stake in XD for HKD960 million (USD123.5 million) and Alibaba 0.76 percent equity for HKD155 million, XD said today.īoth Bilibili and Alibaba will be seeking to elbow in on the lucrative gaming sector and secure greater access to XD’s self-developed games and its game sharing community TapTap.įorty percent of Bilibili’s income came from gaming last year. Shanghai-based XD’s stock price closed up 22.34 percent at HKD57.50 (USD7.40). (Yicai Global) April 1 - Shares in XD Network soared as much as 26 percent today after the Chinese online game developer said that e-commerce giant Alibaba Group Holding and video sharing platform Bilibili were the primary investors in a HKD1.1 billion (USD143.4 million) private placement of shares. ![]()
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