What’s Next for Bilibili As Tencent Pivots From Shareholder To Creditor?
The video platform is planning a $700 million capital restructuring that turns Tencent from a core shareholder into a creditor through an equity-to-debt deal image credit: Bamboo Works Key
Bilibili borrowed $700 million and gave Tencent a loan instead of keeping it as an owner. Watch whether Bilibili uses this money wisely and keeps paying back the loan on time.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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