BILIBILI-W (09626) entered into payment service agreement, cloud service agreement, and cooperation agreement with Tencent.

BILIBILI-W (09626) announced on November 14, 2024, that the company has entered into payment service agreements, cloud service agreements, and cooperation agreements with Tencent. Regarding the payment service agreements, the annual upper limits of service fees that the company will incur for the years ending December 31, 2025, 2026, and 2027 are RMB 83 million, 108 million, and 140 million respectively. As Tencent Computer Group is a leading company in the Chinese digital payment service industry, and many of the company's users use Tencent Computer Group's digital payment services, this collaboration will enable the company to provide convenient payment methods to users. This will allow users to pay for in-game purchases, premium memberships, paid content, live streams, purchases of goods, and other services on the company's platform, thereby enhancing the efficiency of payments and improving user experience.