Bilibili's average MAUs Q1 2020-Q1 2024
Many Chinese fans of anime and manga adore Bilibili, the top-rated video streaming platform. The first quarter of 2024 saw the Chinese platform's average monthly active users rebound to 341.5 million, increasing from the previous quarter.
Creating values from an engaged community
Launched in Shanghai in 2009, Bilibili targets online video users from the ACG (Anime, Comic, and Gaming) subculture. Special features like bullet chats and virtual gifting help foster real-time user interactions and a supportive creator-fan dynamic. This reflects entirely on its earnings: 40 percent of its net revenue in 2022 was derived from valued-added services, which fueled by sales of virtual items.
Other business segments
Beyond video streaming, Bilibili is also a prominent player in the Chinese gaming scene. A 2023 survey by Statista Consumer Insights found that Bilibili was the most used video gaming site by brands in China. The company is not solely present in its home country. Globally, Bilibili’s in-app purchase revenue was estimated at 178 million U.S. dollars in 2023.