Shulou(Shulou.com)11/24 Report--

Thank you, CTOnews.com netizens. Hello, rabbit clue delivery! CTOnews.com June 1 news, bilibili now announced the latest first quarter 2023 financial results. Bilibili's revenue in the current quarter is 5.1 billion yuan, and the market is expected to be 5.159 billion yuan, compared with 5.054 billion yuan in the same period last year. The net loss is 628 million yuan, and the market is expected to lose 1.384 billion yuan, compared with a loss of 2.282 billion yuan in the same period last year.

Bilibili said the adjusted net loss in the first quarter was 1 billion yuan, 38 per cent lower than in the same period in 2022. As a result, bilibili's US stock rose to 6.6 per cent before trading, but it had narrowed to 1.5 per cent as of CTOnews.com.

According to the financial report, bilibili's average daily active users reached 93.7 million in the first quarter, an increase of 18% over the same period in 2022.

In the first quarter of this year, bilibili's mobile game turnover was 1.1 billion yuan, down 17% from the same period in 2022, mainly due to the lack of new game launches in the first quarter of 2023.

Bilibili's advertising turnover in the first quarter was 1.3 billion yuan, an increase of 22% over the same period in 2022, mainly due to the optimization of advertising products provided by the company and the improvement of advertising efficiency.

In addition, bilibili's turnover of IP derivatives and other products in the first quarter was 510 million yuan, a decrease of 15% compared with the same period in 2022, mainly due to the decrease in sales of animation, cartoon and game ("ACG") IP derivatives on the company's e-commerce platform.

Bilibili expects the net turnover to reach 24 billion to 26 billion yuan in 2023, unchanged from the previous estimate.

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.