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Use coupon code FALL and get 25% off any full-price purchase at Ann Taylor. Chinese video-sharing website Bilibili has made its stand clear that it intends to revolutionize the game distribution in China with a $123 million investment in TapTap as reported by Tech Crunch. Bilibili’s investment in TapTap is being looked upon as a step against traditional app distribution channels.Įarlier, the industry witnessed Epic Games vs Apple fiasco, where Fortnite was removed after it allowed players to buy paid in-game currency bypassing the App Store. To understand how is that even possible for Bilibili to disrupt the market then one needs to delve deep into the matter. TapTap is a platform that doesn’t charge a commission when the payment is made for in-app purchases. This is totally different from the likes of Huawei, Xiaomi, etc in China (Google and Apple also do the same worldwide) which charges a certain percentage from the developers. Bilibili 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. Chinese video sharing and streaming platform Bilibili has invested HKD9.6 billion in domestic game distribution platform TapTap.
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This has tempted not only individual developers but also the likes of Genshin Impact which skipped traditional android app distribution channels. NETWORK TAPTAP BILIBILILIAOTECHCRUNCH ANDROID Both 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. Under the agreement, Hong Kong and Nasdaq listed Bilibili has purchased a 4.72 stake of Taptap's owner X.D. The investment aims to enrich the video platform's content that caters to the.
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