Tencent sells down its Bilibili stake but retains debt links
The video platform is planning a $700 million capital restructuring that turns Tencent from a core shareholder into a creditor through an equity-to-debt deal Key Takeaways: Bilibili’s move would pretty…
Bilibili’s profit jumps on growing user base, usage time
Short-video platform Bilibili Inc. (9626.HK; BILI.US) on Thursday reported its revenue rose 7.5% year-on-year to 15.41 billion yuan ($2.29 billion) in the first half of this year, while its net…
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…
BRIEF: Mobile Gaming drives Bilibili to first-ever quarterly profit
Video platform Bilibili Inc. (9626.HK, BILI.US) on Thursday reported its revenue for the fourth quarter of last year rose 22% to 7.73 billion yuan ($1.06 billion), as it recorded its…
NEWS WRAP: DouYu names new CEO, declares massive dividend to entice investors
The livestream gaming platform unveiled new leadership more than a year after the arrest of its CEO, in a bid to overcome challenges on multiple fronts By Teri Yu Online…
BRIEF: Bilibili swings to first adjusted profit on strong business and user growth
Video site Bilibili Inc. (9626.HK, BILI.US) on Thursday reported its revenue for the third quarter of this year rose 26% to 7.3 billion yuan ($1.04 billion), as its mobile game revenue surged…
FAST NEWS: BlackRock cuts Bilibili H-share stake below 5%
The Latest: Asset manager BlackRock disclosed it sold about 2.85 million Hong Kong-listed shares of Bilibili Inc. (9626.HK, BILI.US) on Sept. 10, reducing its stake in the video site from…
