Bilibili narrows loss by 72%, rejects claims of creator exodus

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Chinese video-sharing platform Bilibili posted a flat first-quarter revenue of RMB 5.1 billion ($738.2 million) on Thursday compared to the same period last year. However, the company managed to significantly narrow its net loss by 72% to RMB 629.6 million. The company attributed this improvement to a reduction in revenue costs and operating expenses…
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作者 gocpmall