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Motley Fool
Is Bilibili Stock a Buy?
Bilibili’s (NASDAQ: BILI) stock price slumped to its lowest levels this year after the Chinese tech company posted its second-quarter earnings on Thursday, Aug. 19. For the third quarter, Bilibili expects its revenue to rise 58%-61% year over year. In the first half of 2021, Bilibili generated 29% of its revenue from mobile games, 37% from value-added services (VAS) like virtual gifts for video broadcasters and media subscriptions, 21% from online ads, and 13% from its e-commerce and other segment, which sells tie-in ACG (anime, comics, and gaming) content online.