FAST NEWS: Goldman Sachs takes up Bilibili stake
The Latest: U.S. banking giant Goldman Sachs purchased about 2.54 million Hong Kong-listed shares of Bilibili Inc. (BILI.US; 9626.HK) on Jul. 1, raising its stake in the video-sharing platform from…
FAST NEWS: Bilibili Shares Soar on Shrinking Losses
The latest: Video-sharing platform Bilibili Inc. (BILI.US; 9626.HK) announced on Thursday its revenue increased 6% to 6.14 billion yuan ($890 million) in last year’s fourth quarter, while its net loss narrowed by 19%…
Bilibili Trades on Strong Name in Debt-for-Shares Swap
The popular video site sold $409 million in new shares ahead of its fourth-quarter results release, and will use part of the proceeds to buy back debt coming due in…
Bilibili Gains More Paying Users But Has Work To Do on Cost Control
The video-sharing platform Bilibili reported a sharply wider loss, raising concerns about its ability to contain costs (more…)
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