X.D. Network runs TapTap, a widely used game distribution platform in China, and develops its own titles. The company positions TapTap as an alternative to traditional Android app stores by skipping high commission fees and monetizing through advertising. It has attracted strategic investors including Lilith Games, miHoYo, Alibaba and ByteDance. X.D. has pursued a distribution-led model that appeals to game studios seeking lower fees and direct user reach. Bilibili's recent investment injects capital and paves the way for closer commercial and promotional ties around X.D.'s games and TapTap. The deal is framed as strengthening X.D.'s network of top-tier gaming backers and expanding its distribution and partnership opportunities within China.

Total raised

$123M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2021