Bilibili acquired 65.5% equity of Zhejiang Yongyi Electronic Payment Co., Ltd., a licensed payment institution, for about 118 million yuan ($18.5 million).
During the live-streaming of S11 Global Finals of League of Legends on Bilibili, about 500 million people were watching the race at the same time.
The web page and mobile terminal of Bilibili broke down Tuesday night, attracting wide attention from Chinese netizens. The company's share price dropped for a while due to this server failure.
Bilibili, a leading video community for younger generations, on Thursday released its unaudited financial results for the first quarter of this year.
Chinese video streaming platform Bilibili is set to raise HK$20.2 billion ($2.6 billion) from a secondary listing in Hong Kong, the company confirmed.
The number of post-90s internet users set a new record, reaching 362 million in July 2020 and surpassing the post-80s generation to become the main force of the mobile internet.
Bilibili Inc. on Wednesday announced that its net revenues in the second quarter of 2020 increased by 70% year on year to 2.61 billion ($370.5 million), surpassing the 2.55 billion yuan estimate average.
Bilibili has secured the rights to publish a mobile version of Fall Guys: Ultimate Knockout, in China only, with four sets of custom gaming skins.