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Benzinga
Benzinga
Business
Anusuya Lahiri

Why Bilibili Shares Are Soaring Today

Bilibili Inc (NASDAQ:BILI) reported fourth-quarter FY21 revenue growth of 51% year-on-year to $907.1 million, missing the consensus of $913.9 million.

Drivers: Average monthly active users (MAUs) increased 35% Y/Y to 271.7 million, and Mobile MAUs rose 35% Y/Y to 252.4 million. Average daily active users (DAUs) climbed 34% Y/Y to 72.2 million, and Average monthly paying users (MPUs) jumped 37% Y/Y to 24.5 million.

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