Recent Updates — BLBLF
Shareholders approved a special resolution authorizing Bilibili to enter into a subscription and repurchase agreement with subsidiaries of Tencent Holdings Limited. The deal involves Tencent subscribing for US$200 million aggregate principal amount of the company's convertible senior notes due 2031, while Bilibili concurrently repurchases 13,591,090 Class Z ordinary shares for US$200 million. Both transactions are conditional on each other and are expected to close in early November 2026. The resolution passed with overwhelming support from disinterested shareholders. Bilibili operates a leading video community platform for young generations in China.
Bilibili Inc. reported unaudited financial results for the second quarter ended June 30, 2026, showing total net revenues of RMB7.94 billion (US$1.17 billion), an 8% increase year over year. Net profit rose 55% to RMB339.1 million (US$50.0 million), while adjusted net profit increased 25% to RMB703.6 million (US$103.7 million). Gross profit margin expanded to 37.2%, and average daily active users grew 7% year over year to 116.5 million. The company also disclosed that it had purchased approximately US$118 million of its listed securities through the beginning of 2026 under its share repurchase programs. Bilibili operates a leading video community platform for young generations in China.
Bilibili Inc. announced that its board will meet on August 27, 2026, to approve unaudited financial results for the second quarter and first half of 2026. The company will release these results at approximately 6:00 p.m. Hong Kong Time and host an earnings conference call at 8:00 p.m. on the same day. Additionally, Bilibili filed a monthly return with the Hong Kong Stock Exchange for July 2026, reporting no changes in authorized or issued share capital, no new equity issuances from option exercises or convertible note conversions, and confirming compliance with public float requirements. The company operates in the online entertainment and video streaming industry.