2 Reasons Why Bilibili Is Well-Positioned for Growth in 2021
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By: ssmlee04  Storyteller :)
4 • 5 • 1284 • 
12 days ago

Revenue surged to a record 3.2 billion yuan (about $489 million, and about 70% yoy growth) on the back of solid growth across all segments. Similarly, gross profit surged 117% year over year thanks to revenue growth and improved operating leverage.

Operation wise, average monthly active users (MAUs) increased on a year-over-year basis by 54% to 197 million and average daily active users (DAUs) grew 42% to 53 million -- both new quarterly levels. Notably, MAUs exceeded 200 million in August, a new monthly record.

https://www.fool.com/investing/2021/01/04/reasons-why-bilibili-well-positioned-growth-2021/

price is up 4.5% premarket. $BILI

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