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Bilibili CEO Chen Rui: We will focus resources on more competitive game projects

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2023-11-30 08:09:09440browse

Bilibili (hereinafter referred to as "Bilibili") today released its unaudited financial report for the third quarter ended September 30, 2023. According to the financial report, in the third quarter, the average daily active users of Station B exceeded 100 million, and the total revenue reached 5.81 billion yuan. At the same time, gross profit margin has increased for five consecutive quarters, and the adjusted net loss has shrunk by 51% year-on-year.

In a conference call after the release of the financial report, Bilibili CEO Chen Rui said that some of the game business has been cut off For projects that do not meet market requirements and cannot make money, resources will be concentrated on more market competitive projects in the future. Station B has a natural advantage on the game track and needs to turn the advantage into reality.

This site noticed that in the third quarter, Bilibili’s game business revenue reached 990 million yuan, an increase of 11% from the previous quarter. The long-running classic games such as "Azur Lane" and "Fate/GO" (Fate/GO) still perform stably.

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