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2024-11-18 08:40:16 - Translate

JapaneseStartups, SWITCH2024, KansaiInnovation, GlobalExpansion, Ifvex
Bilibili has turned profitable, driven by rising user engagement and effective monetization strategies. On November 14, US- and Hong Kong-listed Bilibili marked a significant milestone: its first quarterly profit since going public. Revenue for the third quarter ending September 30, 2024, grew by 26% year-on-year (YoY) to RMB 7.31 billion (USD 1 billion), with growth across its value-added...

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2024-11-18 08:43:12 - Translate

Tencent’s operating profit climbs 19%, fueled by gaming and fintech gains
Game titles like Honor of Kings and Valorant remain key drivers of Tencent’s growth. Chinese tech giant Tencent posted solid Q3 2024 financial results, reflecting its adaptability and growth across key sectors. The company’s unaudited report for the quarter ending September 30 showed year-on-year (YoY) growth in revenue, profit, and user metrics, underscoring Tencent’s focus...

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