China Digest: Bilibili invests $123m in X.D. Network; Torre Oria nets over $15m

China Digest: Bilibili invests $123m in X.D. Network; Torre Oria nets over $15m

Chinese video streaming major Bilibili has proposed to invest $HK$960 million ($123m) for a 4.72% stake in X.D. Network while Torre Oria has secured over 100 million yuan ($15 million) from GL Ventures, BA Capital, others.