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SCMP TechAsia

Why Tencent is swapping Bilibili equity for debt, and what AI has to do with it

September 7
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 Big Tech players are rebalancing portfolio risk while funding expensive artificial intelligence initi

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