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Full text | Bilibili Q4 Earnings Conference transcript: DeepSeek provides Bilibili with ample conditions to explore the value of quality content, Spring Festival cooperation exceeds expectations.
On February 20, Bilibili released its earnings reports for the fourth quarter and the entire year of 2024, ending December 31: In the fourth quarter, total net revenue was 7.73 billion yuan, a year-on-year increase of 22%. According to non-GAAP standards, the adjusted net income was 0.452 billion yuan, while the net loss in the same period last year was 5.558 billion yuan. For the whole year of 2024, total revenue was 26.83 billion yuan, a year-on-year increase of 19%. According to non-GAAP standards, the adjusted net loss was 39 million yuan, narrowing by 99% year-on-year. After the earnings report was released, Bilibili's Chairman and CEO Chen Rui, and Vice Chairman and Chief Operating Officer Li Ni...
104217810 : Slippery slope.