Tencent in rare stock market investment

Better known for investing in private companies, the internet giant is investing $318 million in Bilibili, the go-to video site for animation and comic lovers in China.

With an eye on the growing live-streaming prize, Tencent said Wednesday it will pay $318 million for an additional 8.3% stake in Chinese video streaming app Bilibili, making a rare investment in a publicly listed company. 

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