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Bilibili

China’s Bilibili in talks to buy 24% stake of games maker Yoozoo

Chinese online video site Bilibili is in talks to buy a 24% stake and the headquarters building of Yoozoo Games as part of a deal worth nearly 5 billion yuan ($765 million) as it seeks to expand in the world’s top gaming market. Bilibili is in talks on the deal with Xu Fenfen, chairwoman of Yoozoo, the video game company that is also known as Youzu Interactive, said two people and another person with direct knowledge of the matter. Last month, Bilibili and its founder Chen Rui submitted to Xu a term sheet - a non-binding…