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 frequently in the news as an iconic brand and leading video community for young generations in China, listed on both Nasdaq and the Hong Kong Stock Exchange. Its news flow reflects developments across its video platform, user community and financial performance, giving investors and observers insight into how the business and its audience are evolving.
Company announcements often focus on quarterly financial results, where Bilibili reports total net revenues, gross profit, profitability metrics and user indicators such as daily active users, monthly active users, monthly paying users and average daily time spent. Management commentary in these releases discusses community growth, engagement levels and monetization efficiency, linking user behavior on the platform to revenue trends in value-added services, advertising, mobile games and IP derivatives and others.
News items also cover capital markets and financing activities, including offerings of convertible senior notes due 2030 to qualified institutional buyers, concurrent offerings of Class Z ordinary shares in Hong Kong and related hedging and repurchase arrangements. These updates explain how Bilibili plans to use proceeds, such as enhancing its content ecosystem, supporting IP asset creation, improving monetization efficiency and funding share repurchases.
Additional coverage includes corporate governance and shareholder matters, such as results of annual general meetings, board mandates to issue or repurchase shares, and announcements about share repurchase program execution. Readers can also find disclosures about cooperation agreements related to intellectual property, including a comprehensive cooperation framework agreement with Beijing Jinjiang Original Networking Technology Co., Ltd.
By following Bilibili’s news page, users can review a continuous record of earnings releases, capital structure decisions, connected transactions and community-related developments, all drawn from official press releases and regulatory announcements.
Bilibili (NASDAQ: BILI) reported strong Q4 and FY2024 results, achieving its first quarter of GAAP profitability. Q4 total revenues increased 22% YoY to RMB7.73 billion, driven by advertising (+24%) and mobile games (+79%). The company posted a Q4 net profit of RMB88.9 million, compared to a net loss of RMB1.30 billion in Q4 2023.
For FY2024, total revenues grew 19% to RMB26.83 billion, with advertising and mobile games revenues up 28% and 40% respectively. The company significantly narrowed its FY2024 net loss by 72% to RMB1.36 billion. Gross profit margin improved to 36.1% in Q4 and 32.7% for FY2024. Daily active users reached 103 million in Q4.
Operating cash flow strengthened to RMB6.01 billion for 2024. The company enhanced shareholder returns through repurchases of ADSs and convertible notes totaling US$864.8 million during the year.
Bilibili Inc. (NASDAQ: BILI and HKEX: 9626), a leading video community platform for young generations in China, has scheduled the release of its fourth quarter and fiscal year 2024 unaudited financial results for Thursday, February 20, 2025, before U.S. markets open.
The company will host an earnings conference call at 7:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time) on the same day. Participants must register in advance through the provided link to receive dial-in numbers and a personal PIN. A live webcast will be available on Bilibili's investor relations website, with a replay accessible after the session.
The Matchless Kungfu, an open-world sandbox martial arts game published by Bilibili HK , is offering a 25% discount during Steam's Winter Sale until January 2, 2025, reducing the price from $19.99 to $14.99. Released on November 5, 2024, the game has maintained an 85% Very Positive rating on Steam and became one of the platform's top-selling early access games in November.
The game features Qinggong movement mechanics, allowing players to run on water and scale cliffs, alongside a combat system with five basic attacks and special moves. It includes a unique verbal combat system and comprehensive homestead features where players can build structures and interact with NPCs. The game has recently added German and Russian localizations to expand its global reach.
Bilibili has completed its repurchase right offer for its 0.50% Convertible Senior Notes due 2026. Notes worth US$419,107,000 in aggregate principal amount were validly surrendered before the offer's expiration on November 27, 2024. The company has accepted all surrendered Notes for repurchase at an aggregate cash purchase price of US$419,107,000 and has forwarded the payment to Deutsche Bank Trust Company Americas, the paying agent, for distribution to applicable holders.
Bilibili reported strong Q3 2024 financial results with total net revenues reaching RMB7.31 billion (US$1.04 billion), up 26% year-over-year. Notable highlights include mobile games revenue increasing 84% to RMB1.82 billion and advertising revenue growing 28% to RMB2.09 billion. The company achieved its first non-GAAP net profit of RMB235.9 million, compared to a loss in the previous year. Daily active users reached 107.3 million, with average daily time spent increasing to 106 minutes. Gross profit margin improved significantly to 34.9% from 25.0% year-over-year. The company also announced a new share repurchase program of up to US$200 million.
Bilibili (NASDAQ: BILI and HKEX: 9626), a leading video community platform for young generations in China, has announced it will release its third quarter 2024 unaudited financial results on Thursday, November 14, 2024, before U.S. markets open. The company will host an earnings conference call at 7:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time) on the same day. A live webcast will be available on Bilibili's investor relations website, with a replay accessible after the session.
Bilibili Inc. (BILI) has announced a repurchase right for holders of its 0.50% Convertible Senior Notes due 2026. Noteholders can require Bilibili to repurchase all or a portion of their notes for cash on December 1, 2024. The repurchase price will be 100% of the principal amount plus accrued and unpaid interest. The repurchase right can be exercised from October 29, 2024, to November 27, 2024.
As of October 21, 2024, there was US$432,407,000 in aggregate principal amount of Notes outstanding. If all Notes are surrendered for repurchase, the total cash purchase price will be US$432,407,000. Bilibili will file a Tender Offer Statement on Schedule TO with the SEC, and detailed information will be available through the Depository Trust Company and Deutsche Bank Trust Company Americas, the paying agent.
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.