Announced
Bilibili to acquire a 7.2% stake in CMGE Technology Group for $84m.
Synopsis
Bilibili, an online entertainment platform, agreed to acquire a 7.2% stake in CMGE Technology Group, a mobile game developer and publisher, for $84m. Bilibili will be given priority rights to operate certain games developed or licensed by CMGE exclusively for three years after the completion of the deal.
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