Bilibili

Bilibili announced the issuance of a senior, unsecured $700 million convertible bond maturing in 2031; Tencent has subscribed for $200 million of the bonds. The initial conversion ratio implies a conversion price of about HK$155.79 per share, roughly 28.3% above the closing price on September 4, 2026. Proceeds are intended for concurrent share buybacks, investments in AI-driven growth and general corporate purposes. Bilibili also plans a fixed-price placement and will carry out delta repurchases of its own and Tencent shares at HK$115.38; closings are subject to shareholder approval and customary conditions. » More on de.investing.com

Bilibili reported 16th consecutive quarter of gross margin improvement as advertising revenue rose 28% year‑over‑year to RMB 3.13 billion, driven by AI and stronger conversion rates. GAAP net profit climbed 55% while total revenue grew 8% to RMB 7.94 billion, and non‑GAAP adjusted net profit margin reached 8.9%. Mobile games revenue fell 14% amid tough comparables, with management expecting a potential rebound in Q4 tied to new title launches. User engagement and creator metrics improved, and the company has authorized a $300 million buyback program, but advertising may face a tougher macro environment in China. » More on finance.yahoo.com

Bilibili reported Q2 2026 revenue of RMB 7.9 billion (+8% y/y) and net profit of RMB 339 million (+55% y/y). Gross margin improved to 37.2% and adjusted net profit growth reflects higher operating leverage and a more margin-accretive ad mix. Ad revenues grew 28% and user metrics remained robust (daily active users 117 million, monthly 371 million). Management cited AI tools, multi-screen monetization and an expanded games pipeline as growth drivers and expects continued ad growth and a gaming recovery toward the end of 2026. » More on de.investing.com