Lates News

Nomura's report stated that the strong growth in gaming revenue over the past 12 months at Bilibili was almost entirely driven by "Three Kingdoms: Strategic Destiny," but the game appears to have peaked. Nomura analysts warned that the game may shift from being a growth driver to a drag in the next few quarters. Bilibili has said that several new games are in preparation, but due to uncertainty about their launch dates, these games have not been factored into performance expectations. They believe that the likelihood of upcoming games achieving the same success as "Three Kingdoms: Strategic Destiny" is low. Nomura maintains a neutral rating on the stock with a target price of $25.00.