Why Tencent is swapping Bilibili equity for debt, and what AI has to do with it
Tencent Holdings’ pivot from a core shareholder to a major creditor in Bilibili offers a clear window into how China’s B
ig Tech players are rebalancing portfolio risk while funding expensive artificial intelligence initiatives. The shift, executed through Bilibili’s proposed US$700 million convertible bond package anno...
via South China Morning Post
Tencent Holdings’ pivot from a core shareholder to a major creditor in Bilibili offers a clear window into how China’s B
ig Tech players are rebalancing portfolio risk while funding expensive artificial intelligence initiatives. The shift, executed through Bilibili’s proposed US$700 million convertible bond package anno...
via South China Morning Post