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Bilibili Inc. - BILI STOCK NEWS

Welcome to our dedicated page for Bilibili news (Ticker: BILI), a resource for investors and traders seeking the latest updates and insights on Bilibili stock.

Bilibili Inc. (NASDAQ: BILI) stands as one of China's leading entertainment platforms, known for its robust video-sharing site that resembles YouTube. Founded in 2009, Bilibili originally catered to anime, comics, and gaming (ACG) enthusiasts, primarily appealing to Gen Z users. Over the years, the platform has significantly diversified its content offerings to include a broader range of interests, attracting not only Gen Z but also a wider audience across various age groups.

The key feature that sets Bilibili apart is its unique “bullet chatting” system, where real-time comments from viewers are overlaid onto the video, creating a highly interactive and communal viewing experience. This feature has fostered a vibrant and engaged community, turning passive viewing into a dynamic and social activity.

Bilibili's business model is diverse, generating revenue through five main channels: advertising, games, live streaming, value-added services, and e-commerce. This multi-faceted approach has allowed the company to sustain growth and maintain a robust financial position. Recently, Bilibili reported total other income of RMB331.2 million (US$46.6 million), underscoring its solid financial foundation.

In terms of recent achievements, the company has successfully repurchased convertible senior notes, indicating a strategic move to optimize its financial structure. Additionally, Bilibili's annual report for the fiscal year ended December 31, 2023, has been filed with the U.S. Securities and Exchange Commission, showcasing its commitment to transparency and regulatory compliance.

Bilibili also maintains strong partnerships, notably with Deutsche Bank Trust Company Americas for its American depositary share program. This collaboration ensures that holders of Bilibili's American depositary shares can exercise their voting rights effectively.

For those interested in Bilibili's continuous growth and developments, the company frequently updates its investor relations website and remains open to inquiries from both investors and the media.

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Bilibili Inc. (Nasdaq: BILI, HKEX: 9626), a prominent video community for young generations in China, announced the approval of all proposed resolutions at its annual general meeting (AGM) held on June 28, 2024, in Shanghai.

Key resolutions include the re-election of directors Rui Chen, JP Gan, and Eric He. The directors were given mandates to issue and repurchase Class Z ordinary shares, and a second amended and restated 2018 share incentive plan was adopted.

The plan allows the issuance of up to 10% of Bilibili's total issued shares, with a cap of 0.5% for service provider participants.

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Bilibili (NASDAQ: BILI, HKEX: 9626) announced its unaudited financial results for Q1 2024, revealing a 12% year-over-year increase in total net revenues to RMB5.66 billion (US$784.5 million). Advertising revenues surged by 31% to RMB1.67 billion (US$231.1 million), while Value-added services (VAS) increased by 17% to RMB2.53 billion (US$350.3 million). Gross profit rose by 45% to RMB1.61 billion (US$222.3 million), with the gross profit margin improving to 28.3%. However, the net loss widened to RMB764.6 million (US$105.9 million), despite a narrowed adjusted net loss of RMB455.9 million (US$63.1 million). Operating cash flow turned positive at RMB637.7 million (US$88.3 million). Average daily active users (DAUs) grew by 9% to 102.4 million. The company aims to continue enhancing its commercialization strategies and profitability.

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Bilibili Inc. announced the release of its unaudited financial results for the first quarter of 2024 on May 23, 2024. The earnings conference call is scheduled for 8:00 a.m. ET on that day. Bilibili is a prominent video community for young generations in China, with NASDAQ ticker symbol BILI and HKEX symbol 9626.

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Bilibili Inc. announces its upcoming annual general meeting for shareholders to vote on proposed resolutions. The AGM will take place on June 28, 2024, in Shanghai, China. Shareholders can access the AGM Circular, AGM Notice, and form of proxy on the company's investor relations website. Holders of record as of May 23, 2024, are eligible to attend and vote. American depositary share holders must act through Deutsche Bank Trust Company Americas to exercise voting rights. Bilibili has filed its annual report on Form 20-F with the SEC for the fiscal year ended December 31, 2023.
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Bilibili Inc. announces the publication of its 2023 ESG Report, emphasizing its commitment to sustainable development and social responsibility. The report covers initiatives in content quality, community management, cybersecurity, human capital, and more. Highlights include over 4.3 billion daily video views, empowering 3 million content creators, supporting employee welfare, engaging in charitable acts, and promoting environmental protection.
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Bilibili Inc. completes repurchase offer for 1.375% Convertible Senior Notes due 2026, with US$429,331,000 aggregate principal amount surrendered. The Company accepted all surrendered Notes for repurchase, providing cash payment to applicable holders.
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Bilibili Inc. filed its annual report for the fiscal year 2023, providing access to audited financial statements. Shareholders can request hard copies free of charge.
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Bilibili Inc. announces unaudited financial results for Q4 and fiscal year 2023 with total net revenues of RMB22.5 billion, advertising revenues of RMB6.4 billion, and VAS revenues of RMB9.9 billion. The company reported a net loss of RMB4.8 billion for 2023, narrowing by 36% year over year.
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Bilibili Inc. announces its fourth quarter and fiscal year 2023 unaudited financial results report on March 7, 2024. The earnings conference call will be held at 7:00 a.m. ET on the same day. Participants can register online to receive dial-in numbers and a personal PIN for joining the call. A live webcast will also be accessible on the company's investor relations website.
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Bilibili Inc. announces the repurchase of its 1.375% Convertible Senior Notes due 2026, giving holders the right to require repurchase of their Notes in cash. The Repurchase Right period is from February 29, 2024, to March 28, 2024, with a repurchase price of 100% of the principal amount plus accrued interest. As of February 20, 2024, there is $429,343,000 in aggregate principal amount outstanding.
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FAQ

What is Bilibili Inc.?

Bilibili Inc. is a leading Chinese online entertainment platform known for its video-sharing site that resembles YouTube. It was founded in 2009.

What are the main revenue streams for Bilibili?

Bilibili generates revenue through advertising, games, live streaming, value-added services, and e-commerce.

What is unique about Bilibili's platform?

Bilibili features a 'bullet chatting' system that overlays real-time comments from viewers onto the video, creating an interactive viewing experience.

Who is the primary audience for Bilibili?

Initially, Bilibili catered to Gen Z users interested in anime, comics, and gaming, but it has since expanded to attract a broader range of users.

How does Bilibili engage with its community?

Bilibili builds its community around high-quality content, talented creators, and emotional bonds among users, fostering a vibrant and engaged community.

What recent financial achievements has Bilibili reported?

Recently, Bilibili reported total other income of RMB331.2 million (US$46.6 million) and has successfully repurchased convertible senior notes.

Where can I find Bilibili's financial reports?

Bilibili's financial reports are available on the company's investor relations website and the SEC's website.

How can shareholders exercise their voting rights?

Holders of Bilibili's American depositary shares can exercise their voting rights through the company's depositary, Deutsche Bank Trust Company Americas.

How does Bilibili ensure regulatory compliance?

Bilibili files its annual reports and financial statements with the U.S. Securities and Exchange Commission and adheres to regulatory requirements.

Where can I find more information about Bilibili?

For more information, visit Bilibili's investor relations website or contact their investor and media relations teams.

Bilibili Inc.

Nasdaq:BILI

BILI Rankings

BILI Stock Data

6.23B
330.42M
0.32%
23.49%
5.19%
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United States of America
Shanghai