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Bilibili-W (09626.HK) announced its annual performance with a significant narrowing of the net loss by 72%, achieving 6 billion yuan in positive operating cash flow.
On March 25, Gelonghui reported that Bilibili-W (09626.HK) announced that in 2024, driven by rapid growth in advertising and mobile game Business, the company's total annual revenue increased by 19% year-on-year, reaching 26.8 billion yuan. Thanks to the ongoing optimization of the advertising product matrix and infrastructure upgrades, the company's advertising revenue grew by 28% year-on-year. Meanwhile, due to innovative breakthroughs in the strategy game sector, the company's mobile game revenue increased by 40% year-on-year. The strong growth of these high gross profit Businesses drove the company's gross profit to grow by 61% year-on-year, with the annual gross margin rising to 32.7%.
BILIBILI-W: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED DECEMBER 31, 2024
20-F: Registration statement / Annual report / Transition report
After the low-key release of DeepSeek-V3, the industry was shocked and once again questioned the Silicon Valley model.
① DeepSeek released the V3-0324 model on Monday evening, with preliminary tests showing that it can run on Consumer-grade Hardware, breaking the traditional notion that large models require a Datacenter; ② DeepSeek's model continues to reduce the energy consumption and computing costs of large models while maintaining an open-source approach to continuously drive technological innovation, leading to the rapid development of the domestic AI Industry and raising questions about Silicon Valley's closed and paid model.
Wanlian Securities: The effect of the Spring Festival holiday combined with the outstanding performance of new products led to a year-on-year growth of 27.65% in the game market in January.
Wanlian Securities suggests paying attention to leading companies with abundant reserves of license numbers, strong research and development capabilities, and high-quality products.
Trump's Tariff Moves: Market Stabilization Amid Uncertainty and the Road Ahead
Settlement : Why did it drop significantly.