Bilibili’s Net Loss Reaches 1.12 Billion Yuan, An Increase of 96% YoY

Bilibili, the iconic brand and a video community for younger generations in China, announced today its unaudited financial results for the second quarter this year, with its net loss reaching 1.12 billion yuan ($173.7 million), compared with 570.9 million yuan in the same period of 2020.

The company’s total net revenues reached 4.49 billion yuan, a 72% i…