Bilibili

Average monthly active users only increased 30% YoY to 223.3 million.

Media copyright and sponsorships form the lion’s share of revenue in e-sports, and Tencent is behind the mega-deals in China.

TapTap has become a popular game distribution channel in recent years.

After debuting on Nasdaq in 2018, Bilibili raised USD 2.6 million on its Hong Kong secondary listing last week.

For Q4 2020, the firm reported a 91% year-on-year increase in revenues, while the net loss widened to USD 129.3 million.

Video streaming hub created for cartoon fans goes more mainstream.

“We are in the right place at the right time to increase our leadership in China’s large video-based market,” says CEO.

Several advertisers have ditched Bilibili following the controversy.