New Street Research - Bilibili Inc. Sponsored ADR Class Z (BILI) BILI 2Q24 Results: Rev Growth to Accelerate in 3Q Driven by Gaming

Report

New Street Research

Jin Yoon

BILI 2Q24 Results: Rev Growth to Accelerate in 3Q Driven by Gaming

What’s new: Bilibili’s reported 2Q24 results that were above consensus and our expectations partly driven by gaming. Gaming could accelerate to high-double digit YoY growth in 3Q partly driven by San Mou. We maintain our PT at USD 20.

Analysts:
Jin Yoon

23/08/2024 1 EN

Underlying

Bilibili Inc. Sponsored ADR Class Z

See profile

US0900401060 NASDAQ Stock Market Cayman Islands

Provider

New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

Pan European Telecom Services and Cable
US Telecoms, Cable, Satellite and Towers
Global Emerging Market Telecoms
Japan Telecoms
Asian Internet
Pan European Healthcare
Global healthcare thematic research

We provide debt research on:

Pan European Telecom Services and Cable

See profile

Analysts

Jin Yoon

Other Reports on these Companies

GlobeNewsWire

Bilibili Inc. Announces Second Quarter 2024 Financial Results

Bilibili Inc. Announces Second Quarter 2024 Financial Results SHANGHAI, China, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights: Total net revenues were RMB6.13 billion (US$843.1 million), representing an increase of 16% year over year. Advertising revenues were RMB2.04 billion (US$280.4 million), representing an increase of...

August 22, 2024 August 22, 2024 1 EN

T.H. Capital

BILI: Cautious On Long-Term Outlook Due To Competition And Market Saturation

While we are neutral about BILI's 2Q24 performance as the better Y/Y growth in the advertising business was offset by slower growth in other parts of the business, the company’s long-term growth faces headwinds.

Free Trial

August 8, 2024 August 8, 2024 5 EN

Amazon (AMZN, Buy, $225 target) New Gen AI Tools in Focus at Day 3 of Accelerate

AMZN hosted Day 3 of its 5th annual Accelerate conference for third-party sellers earlier today, with a keynote including several seller-focused Gen AI announcements. In this brief note we summarize top announcements and takeaways, specifically. 1. Project Amelia, a generative AI chatbot tool for seller support 2. Video Generator and Live Images 3. Personalized Product Descriptions 4. Bulk upload listing creation, compliance support, and anti-counterfeit/theft work

EUR 8992.00

1h / 8m 1h / 8m 1 EN

Blair Levin

Blair Levin

NSR Tech Policy: It’s the Election, Stupid (or Is It?), Part IV: Comparing Harris and Trump on Tech Policy

This fourth one, on tech policy, notes some material differences related to election outcomes but with the locus of decision making still away from the nationally elected institutions; and

EUR 8992.00

6h / 27m 6h / 27m 1 EN

Blair Levin

Blair Levin

NSR Policy Quick Take: DISH Seeks FCC Adjustments to Build Out

DISH just filed a letter with the FCC seeking to modify their June 2025 buildout requirements in exchange for accelerated deployments in certain markets and other commitments. It argues that its new framework “will undoubtedly benefit consumers…. (helping) sustain EchoStar’s presence as a nationwide facilities-based wireless provider, enabling Americans to be able to take advantage of innovative new technologies and competition in the wireless market (which in turn will lead to lower prices). These improvements will help ensure the United States’ continued leadership in Open RAN and 5G.”

EUR 8992.00

6h / 29m 6h / 29m 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

BILI 2Q24 Results: Rev Growth to Accelerate in 3Q Driven by Gaming

Bilibili Inc. Announces Second Quarter 2024 Financial Results

BILI: Cautious On Long-Term Outlook Due To Competition And Market Saturation

Amazon (AMZN, Buy, $225 target) New Gen AI Tools in Focus at Day 3 of Accelerate

NSR Tech Policy: It’s the Election, Stupid (or Is It?), Part IV: Comparing Harris and Trump on Tech Policy

NSR Policy Quick Take: DISH Seeks FCC Adjustments to Build Out

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe