Bilibili's 2024 Q2 Unaudited Financial Results Revenue Growth and User Metrics

TapTechNews August 22nd news, Bilibili (B Station) today released the unaudited financial performance announcement for the second quarter of 2024. The total net operating revenue in the second quarter was 6.127 billion yuan, a 16% year-on-year increase. The adjusted net loss was 271 million yuan, a 72% year-on-year narrowing.

The turnover of value-added services was 2.566 billion yuan, an 11% increase from the same period in 2023, mainly due to the increase in the number of paying users of premium members, live broadcasts and other value-added services.

The advertising turnover was 2.037 billion yuan, a 30% year-on-year increase.

The mobile game turnover was 1.007 billion yuan, a 13% year-on-year increase.

The turnover of IP derivatives and others was 516 million yuan, a 4% decrease from the same period in 2023.

TapTechNews learned from the announcement that the daily active users (DAU) of B Station in the second quarter reached 102.3 million, a 6% year-on-year increase; the monthly active users increased to 336 million.