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The Bamboo Works

Bilibili Gains More Paying Users But Has Work To Do on Cost Control

Bilibili United States Ken Lo iQiyi Kuaishou Nasdaq

Key Takeaways:

Bilibili’s first-quarter revenue jumped by 30%, but a big rise in operating costs swelled its net loss by 152%
The company made progress on commercialization as monthly users who pay for its services rose above 27 million in the quarter, with a paying user ratio of 9.3%

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US teen arrested for mass shooting plot to kill Hindus inside temple; his manifesto expressing hatred towards Indians is being examined

A 19-year-old man from Palatine, Illinois, has been arrested over an alleged mass shooting plot that may have targeted a Hindu temple in Aurora. Police said investigators examined electronic communications and a manifesto containing white supremacist views and hatred towards Indians.

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Thousands protest across Colombia against new right-wing president

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One subscription that gives you access to news from hundreds of sites

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