Shares of Bilibili (NASDAQ: BILI), China's Gen Z-oriented platform for anime, comics, and gaming (ACG) content, surged more than 400% over the past 12 months as the company dazzled investors with its accelerating growth.
Bilibili outperformed many well-known Chinese tech companies, but can it maintain that momentum this year? Let's take a fresh look at its business model, its upcoming challenges, and its valuations to find out.
Bilibili generated 45% of its revenue from its mobile gaming division in the first nine months of 2020. The unit's top games include Fate/Grand Order, which it licenses from Sony, and Cygames' Princess Connect.
Source Fool.com