Bilibili, Inc. Class Z (HK:9626) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Bilibili Inc. reports a robust financial performance for the first half of 2024, with a 14% increase in total net revenues and a 47% surge in gross profit compared to the same period in 2023. The company also managed to significantly narrow its net loss by 37% and turned around its operating cash flow to RMB2.39 billion. Additionally, Bilibili’s daily active users grew by 8%, indicating a strong user engagement.
For further insights into HK:9626 stock, check out TipRanks’ Stock Analysis page.