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…
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: DouYu Shares surge on special dividend plan
The Latest: Livestreaming game platform DouYu Holdings Ltd. (DOYU.US) on Wednesday announced a special cash dividend of $9.76 per share, to shareholders of record of ordinary shares and American Depositary…
FAST NEWS: Bilibili’s losses narrow on improving efficiency
The Latest: Video site Bilibili Inc. (9626.HK, BILI.US) on Thursday reported its revenue rose 3% year-on-year to 6.3 billion yuan ($876 million) in last year’s fourth quarter, while its loss narrowed 13% to 1.3 billion…
