One of China’s biggest gaming exhibitions, ChinaJoy2018, closed on August 6th in Shanghai with many companies showcasing games, applications and gadgets on the annual event.
Recently two major Chinese video websites completed their listing in the U.S.: Bilibili and iQIYI. Although these two companies all belong to the same industry, they have different business models and different values.
On March 2, Bilibili submitted an IPO application (FORM F-1) to the U.S. Securities and Exchange Commission (SEC). Bilibili plans to list in the U.S. under the symbol “BILI” and aims to raise $400 million.
Recently, ACG（”Anime, Comic and Games”）has been so hot, it’s like the weather in Shanghai. Last month, Baidu hosted a 2017 2DMAX Baidu forums event; Tencent’s comic convention QQ JOY was held in Chengdu; BiliBili (a Chinese online video streaming website) sold over 100 thousand tickets for an offline concert. The annual event “China Joy” has just concluded…