US Stock Market Move | Bilibili, Inc. Sponsored ADR Class Z (BILI.US) rises more than 5%; daily video and podcast content viewing time breaks one billion minutes for the first time.
On Wednesday, Bilibili (BILI.US) rose more than 5%, closing at $22.62.
On Wednesday, Bilibili, Inc. Sponsored ADR Class Z (BILI.US) rose more than 5%, closing at $22.62. In terms of news, on May 13th, Bilibili announced that the daily video podcast content on their platform has surpassed 100 million minutes of playtime, setting a new record for the highest daily playtime in that category on the platform. Bilibili stated that since launching the "Video Podcast Out-of-circle Plan" in July of last year, there have been a number of high-quality video podcast programs and creators, driving rapid growth in this category.
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