Bilibili E-Sports announced that it has received CNY 180 million in funding from Zhejiang Chuangxiang Cultural and Industrial Equity Investment Fund, Chengdu B-ray Media Co.,Ltd.
January 13, 2021
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Bilibili E-Sports anoounced that it has received CNY 180 million in a round of funding led by new investor Zhejiang Chuangxiang Cultural and Industrial Equity Investment Fund on January 14, 2021. The transaction included participation from Tianfu CCI Investment, and Chengdu B-ray Media Co.,Ltd. The round is raised at a post money valuation of CNY 830 million.
Chengdu B-ray Media Co.,Ltd. is mainly engaged in traditional media business, outdoor advertising business, new media business and financial business. Traditional media business includes printing, issuing and delivery, newspaper advertising and related business. Outdoor advertising business includes various types of outdoor advertising, such as city surrounding highway advertising, square advertising and bus stop advertising boards, as well as agent advertising business. New media business includes the development and operation of online games. Financial business includes small loan and guarantee financing services. The Company also involves in the provision of education, property rental and management and other services through its subsidiaries.
Bilibili E-Sports announced that it has received CNY 180 million in funding from Zhejiang Chuangxiang Cultural and Industrial Equity Investment Fund, Chengdu B-ray Media Co.,Ltd.
CHENGDU B-RAY MEDIA CO.,LTD. 
