US Stock Market Move | Bilibili, Inc. Sponsored ADR Class Z (BILI.US) rose more than 5.7%, with the company's Q1 revenue reaching 7 billion yuan.

On Tuesday, Bilibili, Inc. Sponsored ADR Class Z (BILI.US) stock price rose, as of the time of writing, the stock rose more than 5.7%, to $19.04. In terms of news, Bilibili, Inc. Sponsored ADR Class Z reported a first-quarter revenue of 7 billion yuan, a year-on-year increase of 24%; with advertising revenue of 2 billion yuan, a year-on-year increase of 20%; and mobile game revenue of 1.73 billion yuan, a year-on-year increase of 76%. Adjusted net profit for the first quarter was 362 million yuan, while in the same period in 2024, the adjusted net loss was 456 million yuan. The average daily active users (DAU) for the first quarter were 106.7 million, compared to 102.4 million in the same period in 2024.