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...

On one hand, it was to grab time, aiming to purchase Bilibili before parting ways with Jindong, to attract traffic for the flash sale.

On the other hand, Bilibili was exceptionally cooperative, with everyone including major shareholders and management eager to sell quickly.

Ultimately, Chen Yiyang spent over 27 billion, acquiring 51% of Bilibili’s shares and 54% of its controlling rights.

Plus the portion held on behalf of Yingkumi.

Chen Yiyang smoothly c ...

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