BRIEF: Bilibili swings to profit as advertising revenue jumps
Video platform Bilibili Inc. (9626.HK; BILI.US)on Thursday reported a third-quarter net profit of 469 million yuan ($65.9 million), reversing a net loss of 79.8 million yuan in the same period…
FAST NEWS: So-Young swings to profit, retains cautious outlook
The latest: Cosmetic surgery app operator So-Young International Inc. (SY.US) reported on Tuesday its revenue fell 27.7% year-on-year in last year’s fourth quarter to 325 million yuan ($47 million). It…
FAST NEWS: Weibo Profit Tumbles on Sliding Ad Revenue
The latest: Weibo Corp. (WB.US; 9898.HK) on Thursday reported its revenue dropped 22% to $450 million in the second quarter, while its net profit plunged 65% to $28.3 million. Looking up:…
FAST NEWS: Zhihu Posts Strong Paid User Growth in Second Quarter, But Ad Revenue Sags
The latest: Online Q&A site Zhihu Inc. (ZH.US; 2390.HK) on Tuesday reported its revenue rose 31% in the second quarter to 836 million yuan ($121 million), while its net loss…