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

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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.

The article Chinese anime streaming platform Bilibili files for a $400 million US IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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