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Bilibili Keeps China's Gen Z Locked In For 119 Minutes Daily

News Snapshot:

Revenue Growth And Earnings PerformanceThe Chinese video-sharing platform posted revenue of $1.08 billion (7.47 billion yuan), up 7% year over year but slightly below analyst estimates of $1.09 billion. Adjusted earnings came in at 19 cents per ADS, beating Wall Street estimates of 12 cents.User Engagement And Platform GrowthAverage daily active users rose 8% year over year to 115.2 million during the quarter. The average daily time spent was 119 minutes, up 11 minutes year over year. Monthly active users exceeded 376 million.Gaming Weakness And Advertising StrengthMobile gaming revenue fell 12% to $220.7 million, primarily due to a tough comparison against…

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