May 14, 2025

Sadie

BILIBILI INVESTS HK$960M IN X.D. NETWORK, WHICH RUNS CHINESE GAME DISTRIBUTION PLATFORM TAPTAP; MOBILE GAMES ACCOUNTED FOR 40% OF BILIBILI’S 2020 REVENUES (RITA LIAO/TECHCRUNCH)

Bilibili invests HK$960M in X.D. Network, which runs Chinese game distribution platform TapTap; mobile games accounted for 40% of Bilibili’s...

DIVVY, WHICH BUYS AND RENTS HOMES WHILE SETTING ASIDE ~25% OF MONTHLY PAYMENTS TOWARD THE RENTER’S FUTURE DOWN PAYMENT ON THE HOUSE, RAISES $110M SERIES C (MARY ANN AZEVEDO/TECHCRUNCH)

SPOTIFY DEBUTS FEATURES FOR CREATORS LIKE POLLS AND Q&A TOOLS TO MAKE PODCASTS INTERACTIVE, PARTNERS WITH WORDPRESS TO TURN TEXT INTO PODCASTS USING ANCHOR (SARA FISCHER/AXIOS)

Spotify debuts features for creators like polls and Q&A tools to make podcasts interactive, partners with WordPress to turn text...

ESCORT SEX WORKERS, FROM COUNTRIES WHERE THEIR PROFESSION IS LEGAL, SAY THEY ARE BEING BANNED FROM SITES LIKE ONLYFANS THAT ARE BOUND BY THE US FOSTA-SESTA LAW (MARK SERRELS/CNET)

SOURCES: STIR MONEY, WHOSE SOFTWARE HELPS VIDEO AND AUDIO PRODUCERS, WRITERS, AND PERFORMERS MANAGE THEIR INCOME, RAISES SERIES A LED BY A16Z AT $100M VALUATION (THE INFORMATION)

Sources: Stir Money, whose software helps video and audio producers, writers, and performers manage their income, raises Series A led...