JPMorgan Upgrades Bilibili (BILI) to Neutral, 'More positive on near-term share price outlook'

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Bilibili Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

March 7, 2024 5:00 AM EST

SHANGHAI, China, March 07, 2024 (GLOBE NEWSWIRE) -- Bilibili Inc. (Bilibili or the Company) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023.

Fourth Quarter and Fiscal Year 2023 Highlights:

Total net revenues were RMB6.3 billion (US$894.3 million) in the fourth quarter of 2023 and RMB22.5 billion (US$3.2 billion) in 2023, each increased by 3% compared with the same prior year... More