The Chinese video platform Bilibili revealed that 65% of the first batch of users registered in 2009, when the platform was launched, are still active, CEO of Bilibili Chen Rui said at the company’s 13th-anniversary event on June 26. In the first quarter of this year, Bilibili had 294 million average monthly active users, and 3.8 million were video creators of the platform, with a 75% year-on-year growth, according to the firm’s financial results. First listed on Nasdaq in 2018, the firm has yet to turn a net profit and is facing widening losses. In March, Bilibili approved a motion to pursue the voluntary conversion to a dual-primary listing in Hong Kong. [TechNode reporting]
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