Bilibili billionaire: A red-hot tech firm rides Gen Z to riches


  • TECH
  • Thursday, 28 Feb 2019

Bilibili keeps its Gen Z clientele hooked with bullet-chatting, a function that enables real-time comments of all users watching the same video flash over the screen.

It’s hard to blame China’s biggest tech companies for being just a little envious of Bilibili Inc. 

The purveyor of animated videos, comics and mobile games like Sony Corp’s Fate/Grand Order has an eye-watering 93 million monthly active users whose average age is 21. Bililbili’s American depositary receipts have surged 73% since its initial public offering in March 2018, the second-best performance in the Nasdaq Golden Dragon China Index of 64 companies that are listed in the US while conducting most of their business in China. 

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