3 Reasons Bilibili Can Grow Its Business Over the Next Few Years

Lawrence Nga, The Motley Fool
·4 min read
3 Reasons Bilibili Can Grow Its Business Over the Next Few Years
3 Reasons Bilibili Can Grow Its Business Over the Next Few Years

Bilibili (NASDAQ: BILI), a diversified Chinese entertainment company, grew its revenue at an annualized rate of 168% over the four years ending in 2019, thanks to growth in the number of users and improved monetization of those users. There are good reasons to expect the company to sustain its growth trajectory over the next few years. Founded initially as a community to share animation, comics, and games content, Bilibili has evolved into a diversified entertainment company providing a wide range of content and services, including videos, live broadcasting, and e-commerce.