Chinese online video site Bilibili in talks to buy into Yoozoo Games


Source: disruptive.asia disruptive.asia

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April 9, 2021 News Centre News 0 Bilibili logo courtesy Bilibili. HONG KONG (Reuters) – Chinese online video site Bilibili is in talks to buy a 24% stake and the headquarters building of Yoozoo Games as part of a deal worth nearly 5 billion yuan ($765 million), two people said, as it seeks to expand in the world’s top gaming market. Bilibili is in talks on the deal with Xu Fenfen, chairwoman of Yoozoo, the video game company that is also known as Youzu Interactive, said the two people and another person with direct knowledge of the matter. Last month,...