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Chinese anime streaming platform Bilibili files for a $400 million US IPO

March 2, 2018
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Bilibili, the largest Chinese anime streaming platform, filed on Friday with the SEC to raise up to $400 million in an initial public offering.

The Shanghai, China-based company was founded in 2008 and booked $395 million in sales for the 12 months ended December 31, 2017. It plans to list on the NYSE under the symbol BILI. Bilibili filed confidentially on February 15, 2017. Morgan Stanley, BofA Merrill Lynch and J.P. Morgan are the joint bookrunners on the deal. No pricing terms were disclosed.