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Alibaba buys into online video-sharing site Bilibili to tap young consumers

Alibaba announced in a filing with the Securities and Exchange Commission Thursday that its subsidiary Taobao has bought nearly 24 million shares of China’s leading online video sharing platform Bilib

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  • India contributed the rapidest growth as downloads in this country grew from 1.3 million in December 2017 to 32.3 million in December 2018.

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    Tik Tok’s growth hit new peak last month thanks to surging downloads from India

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