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. (BILI) is a leading Chinese interactive entertainment platform renowned for its bullet chat technology and youth-driven cultural community. This news hub provides investors and followers with centralized access to official announcements, financial disclosures, and strategic developments from the ACG-focused digital innovator.
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Bookmark this page for streamlined access to Bilibili's latest official updates. Check regularly for insights into how the platform maintains its cultural relevance while scaling its digital ecosystem across entertainment verticals.
Bilibili Inc. (NASDAQ: BILI and HKEX: 9626) reported strong financial results for Q2 2024. Total net revenues increased 16% year-over-year to RMB6.13 billion (US$843.1 million). Notably, advertising revenues grew 30% to RMB2.04 billion, and mobile games revenues rose 13% to RMB1.01 billion. The company's gross profit margin improved to 29.9% from 23.1% in the same period last year. Net loss narrowed by 61% to RMB608.1 million, while adjusted net loss decreased by 72% to RMB271.0 million. Bilibili's user base continued to grow, with daily active users (DAUs) increasing 6% to 102.3 million. The company also reported strong operating cash flow of RMB1.75 billion, a significant improvement from the previous year.
Bilibili Inc. (NASDAQ: BILI and HKEX: 9626), a leading video community for young generations in China, has announced it will report its second quarter 2024 unaudited financial results on Thursday, August 22, 2024, before U.S. markets open. The company will host an earnings conference call at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time) on the same day. Interested parties can register for the call using the provided link. A live webcast of the conference call will be available on Bilibili's investor relations website, with a replay accessible after the session.
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.
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.
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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