Bilibili (BILI, Financial) reported impressive financial results for the third quarter, with total revenue reaching 7.31 billion yuan, marking a year-over-year increase of 26%. This growth was driven by several key segments, including value-added services, which contributed 2.82 billion yuan, advertising generating 2.09 billion yuan, gaming at 1.82 billion yuan, and IP derivatives along with other sources bringing in 570 million yuan.
Notably, Bilibili achieved an adjusted net profit of 240 million yuan, marking its first profitable quarter since going public. This significant milestone highlights the company's successful strategies in monetizing its diverse content and expanding its user base.
The platform also recorded all-time high levels in user engagement, with daily active users reaching 107.3 million and monthly active users climbing to 348 million. These figures underscore Bilibili's strong position in the market and its growing influence among digital content consumers.
