7Baggers

Bilibili Inc
(NASDAQ:BILI) 

BILI stock logo

Bilibili Inc. provides online entertainment services for the young generations in the People's Republic of China. Its platform offers a range of content, including video services, mobile games, and value-added service, as well as ACG-related comic and audio content. The company's video services incl...

Founded: 2009
IPO Price: $11.5 (Mar 28, 2018)
Full Time Employees: 4,791
CEO: Rui Chen  
Sector: Communication Services
Industry: Electronic Gaming & Multimedia
EntertainmentStreamingChinese
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Quarterly
Annual
    Unit: USD2025-11-13 2025-08-21 2025-05-23 2025-05-20 2025-02-20 2024-12-31 2024-11-14 2024-08-22 2024-05-24 2024-03-07 2023-12-31 2023-11-29 2023-08-18 2023-06-02 2023-03-31 2023-03-03 2022-12-31 2022-11-29 2022-09-30 2022-09-09 2022-06-09 2022-03-04 2021-12-31 2021-11-18 2021-11-17 2021-08-19 2021-05-13 2021-02-26 2020-12-31 2020-11-19 2020-08-31 2020-05-27 2020-05-19 2020-03-18 2019-12-31 2019-11-19 2019-09-30 2019-05-31 2019-02-28 2018-12-31 2018-11-30 2018-08-31 2018-05-31 
                                               
      net revenues:
    		                                           
      value-added services
    		2,836,596,000 2,807,340,000 2,807,340,000 2,807,340,000 2,821,269,000 1,979,016,500 2,565,888,000 2,528,909,000 2,528,909,000 2,595,036,000 1,763,250,250 2,301,741,000 2,156,224,000 2,156,224,000  2,209,711,000 1,591,340,250 2,103,458,000 6,365,361,000 2,052,192,000 2,052,192,000 1,908,896,000 1,260,092,000 5,040,368,000 1,634,943,000 1,496,529,000 1,496,529,000 979,633,000 649,609,250 825,251,000 793,553,000 793,553,000 793,553,000           
      advertising
    		2,448,888,000 1,997,635,000 1,997,635,000 1,997,635,000 2,094,427,000 1,450,125,500 2,037,491,000 1,668,584,000 1,668,584,000 1,638,232,000 1,120,719,000 1,572,840,000 1,271,804,000 1,271,804,000  1,354,834,000 888,464,000 1,158,252,000 3,553,856,000 1,040,770,000 1,040,770,000 1,171,969,000 733,951,250 2,935,805,000 1,049,149,000 714,687,000 714,687,000 557,510,000 280,087,000 348,572,000 214,266,000 214,266,000 214,266,000 247,186,000 131,855,250 167,736,000 112,499,000 112,499,000 137,266,000 75,893,250 95,863,000 70,444,000 70,444,000 
      mobile games
    		1,612,333,000 1,731,155,000 1,731,155,000 1,731,155,000 1,822,609,000 953,196,500 1,007,367,000 982,810,000 982,810,000 991,776,000 753,569,750 890,884,000 1,131,619,000 1,131,619,000  1,471,331,000 968,846,250 1,046,236,000 3,875,385,000 1,357,818,000 1,357,818,000 1,391,666,000 948,894,000 3,795,576,000 1,233,164,000 1,170,746,000 1,170,746,000 1,275,136,000 918,431,500 1,247,977,000 1,150,613,000 1,150,613,000 1,150,613,000 933,133,000 681,611,000 919,856,000 873,455,000 873,455,000 743,980,000 555,872,250 791,013,000 688,496,000 688,496,000 
      ip derivatives and others
    		439,873,000 467,118,000 467,118,000 467,118,000 567,315,000 392,002,500 516,398,000 484,297,000 484,297,000 580,037,000 407,183,750 538,734,000 509,964,000 509,964,000                              
      total net revenues
    		7,337,690,000 7,003,248,000 7,003,248,000 7,003,248,000 7,305,620,000 4,774,341,000 6,127,144,000 5,664,600,000 5,664,600,000 5,805,081,000 4,044,722,750 5,304,199,000 5,069,611,000 5,069,611,000  5,793,651,000 3,939,170,250 4,908,931,000 15,756,681,000 5,054,099,000 5,054,099,000 5,206,574,000 3,400,725,250 13,602,901,000 4,495,254,000 3,901,073,000 3,901,073,000 3,225,713,000 2,039,712,250 2,617,601,000 2,315,535,000 2,315,535,000 2,315,535,000 1,858,963,000 1,192,538,250 1,537,683,000 1,373,507,000 1,373,507,000 1,078,836,000 743,346,500 1,026,542,000 868,008,000 868,008,000 
      yoy
    		0.44% 46.69% 14.30% 23.63% 28.97% -17.76% 51.48% 6.79% 11.74% 14.51%  -8.45% 28.70% 3.27%  14.63% -22.06% -5.72% 363.33% -62.85% 12.43% 33.47% -12.83% 321.70% 120.39% 49.03% 68.47% 39.31% -11.91% 40.81% 94.17% 50.59% 68.59% 35.34% 10.54% 106.86% 33.80% 58.24% 24.29%     
      qoq
    		4.78% 0.00% 0.00% -4.14% 53.02% -22.08% 8.17% 0.00% -2.42% 43.52% -23.74% 4.63% 0.00%   47.08% -19.76% -68.85% 211.76% 0.00% -2.93% 53.10% -75.00% 202.61% 15.23% 0.00% 20.94% 58.15% -22.08% 13.05% 0.00% 0.00% 24.56% 55.88% -22.45% 11.95% 0.00% 27.31% 45.13% -27.59% 18.26% 0.00%  
      cost of revenues
    		-4,661,844,000 -4,464,150,000 -4,464,150,000 -4,464,150,000 -4,758,434,000 -4,945,945,000 -4,293,943,000 -4,059,240,000 -4,059,240,000 -4,354,664,000 -4,689,114,000 -4,076,665,000 -3,965,679,000 -3,965,679,000 -18,049,872,000 -4,739,435,000 -4,892,933,000 -4,170,646,000 -13,156,939,000 -4,246,858,000 -4,246,858,000 -4,188,087,000 -4,682,981,000 -10,657,556,000 -3,506,272,000 -2,963,197,000 -2,963,197,000 -2,464,138,000 -2,896,003,000 -2,013,588,000 -1,785,071,000 -1,785,071,000 -1,785,071,000 -1,507,684,000 -1,609,854,000 -1,285,944,000        
      gross profit
    		2,675,846,000 2,539,098,000 2,539,098,000 2,539,098,000 2,547,186,000 2,788,216,000 1,833,201,000 1,605,360,000 1,605,360,000 1,450,417,000 1,659,982,000 1,227,534,000 1,103,932,000 1,103,932,000 3,849,295,000 1,054,216,000 1,249,553,000 738,285,000 2,599,742,000 807,241,000 807,241,000 1,018,487,000 1,097,802,000 2,945,345,000  937,876,000 937,876,000 761,575,000 944,124,000 604,013,000 530,464,000 530,464,000 530,464,000 351,279,000 397,915,000 251,739,000 189,316,000 189,316,000 194,629,000 197,044,000 250,684,000 213,081,000 213,081,000 
      yoy
    		5.05% -8.93% 38.51% 58.16% 58.67% 92.24% 10.43% 30.78% 45.42% 31.39% -56.88% 16.44% -11.65% 49.53% 48.06% 30.59% 54.79% -27.51% 136.81% -72.59%  8.60% 17.05% 286.74%  55.27% 76.80% 43.57% 77.98% 71.95% 33.31% 110.72% 180.20% 85.55% 104.45% 27.76% -24.48% -11.15% -8.66%     
      qoq
    		5.39% 0.00% 0.00% -0.32% -8.64% 52.10% 14.19% 0.00% 10.68% -12.62% 35.23% 11.20% 0.00% -71.32% 265.13% -15.63% 69.25% -71.60% 222.05% 0.00% -20.74% -7.22% -62.73%   0.00% 23.15% -19.34% 56.31% 13.87% 0.00% 0.00% 51.01% -11.72% 58.07% 32.97% 0.00% -2.73% -1.23% -21.40% 17.65% 0.00%  
      gross margin %
    		36.47% 36.26% 36.26% 36.26% 34.87% 58.40% 29.92% 28.34% 28.34% 24.99% 41.04% 23.14% 21.78% 21.78% Infinity% 18.20% 31.72% 15.04% 16.50% 15.97% 15.97% 19.56% 32.28% 21.65% 0% 24.04% 24.04% 23.61% 46.29% 23.08% 22.91% 22.91% 22.91% 18.90% 33.37% 16.37% 13.78% 13.78% 18.04% 26.51% 24.42% 24.55% 24.55% 
      operating expenses:
    		                                           
      sales and marketing expenses
    		-1,048,189,000 -1,166,975,000 -1,166,975,000 -1,166,975,000 -1,202,407,000 -1,236,593,000 -1,035,596,000 -927,059,000 -927,059,000 -992,303,000 -1,125,464,000 -918,197,000 -880,186,000 -880,186,000 -4,920,745,000 -1,228,708,000 -1,266,149,000 -1,171,974,000 -3,654,596,000 -1,253,914,000 -1,253,914,000 -1,633,269,000 -1,761,605,000 -4,033,248,000 -1,399,920,000 -1,000,059,000 -1,000,059,000 -1,190,354,000 -1,020,688,000 -675,092,000 -605,957,000 -605,957,000 -605,957,000 -363,859,000 -413,166,000 -240,004,000        
      general and administrative expenses
    		-509,631,000 -515,638,000 -515,638,000 -515,638,000 -505,386,000 -505,861,000 -488,039,000 -531,777,000 -531,777,000 -499,132,000 -511,906,000 -539,699,000 -571,695,000 -571,695,000 -2,521,134,000 -543,366,000 -816,807,000 -625,665,000 -1,704,327,000 -535,296,000 -535,296,000 -474,910,000 -538,120,000 -1,299,386,000 -435,945,000 -388,531,000 -388,531,000 -253,475,000 -342,819,000 -208,411,000 -171,377,000 -171,377,000 -171,377,000 -163,217,000 -159,524,000 -141,269,000        
      research and development expenses
    		-866,414,000 -841,477,000 -841,477,000 -841,477,000 -906,072,000 -919,321,000 -894,701,000 -965,120,000 -965,120,000 -1,066,155,000 -1,327,282,000 -1,047,321,000 -1,026,712,000 -1,026,712,000 -4,765,360,000 -1,131,010,000 -1,493,799,000 -1,131,708,000 -3,271,561,000 -1,008,843,000 -1,008,843,000 -788,312,000 -797,617,000 -2,042,245,000 -673,679,000 -580,254,000 -580,254,000 -401,030,000 -483,973,000 -330,628,000 -297,335,000 -297,335,000 -297,335,000 -247,308,000 -245,168,000 -215,860,000        
      total operating expenses
    		-2,424,234,000 -2,524,090,000 -2,524,090,000 -2,524,090,000 -2,613,865,000 -2,661,775,000 -2,418,336,000 -2,423,956,000 -2,423,956,000 -2,557,590,000 -2,964,652,000 -2,505,217,000 -2,478,593,000 -2,478,593,000 -12,207,239,000 -2,903,084,000 -3,576,755,000 -2,929,347,000 -8,630,484,000 -2,798,053,000 -2,798,053,000 -2,896,491,000 -3,097,342,000 -7,374,879,000 -2,509,544,000 -1,968,844,000 -1,968,844,000 -1,844,859,000 -1,847,480,000 -1,214,131,000 -1,074,669,000 -1,074,669,000 -1,074,669,000 -774,384,000 -817,858,000 -597,133,000        
      profit from operations
    		251,612,000 15,008,000 15,008,000 15,008,000 -66,679,000                                       
      other (expenses)/income:
    		                                           
      investment loss
    		-56,875,000 -62,203,000 -62,203,000 -62,203,000 -70,957,000 -283,191,000 -94,684,000   -244,961,000     -532,485,000    -365,670,000                         
      interest income
    		101,639,000 94,173,000 94,173,000 94,173,000 91,279,000 110,150,000 100,344,000 133,207,000 133,207,000 117,722,000 126,450,000 152,026,000 146,274,000 146,274,000 281,051,000 82,477,000 108,306,000 55,968,000 172,745,000 34,300,000 34,300,000 18,231,000 26,583,000 43,784,000 14,276,000 11,277,000 11,277,000 18,150,000 14,995,000 23,504,000 26,652,000 26,652,000 26,652,000 52,018,000 36,386,000 49,971,000 24,407,000 24,407,000 21,684,000 26,347,000 19,833,000 842,000 842,000 
      interest expense
    		-35,506,000 -32,571,000 -32,571,000 -32,571,000 -17,824,000 -19,986,000 -19,809,000 -31,574,000 -31,574,000 -30,064,000 -29,181,000 -47,976,000 -57,706,000 -57,706,000 -250,923,000 -63,753,000 -63,558,000 -61,177,000 -187,365,000 -62,435,000 -62,435,000 -36,524,000 -50,097,000 -105,370,000 -35,601,000 -33,245,000 -33,245,000 -35,961,000 -34,743,000 -22,671,000 -15,172,000 -15,172,000 -15,172,000 -16,047,000 -14,858,000 -15,638,000        
      exchange losses
    		-11,710,000 -11,659,000 -11,659,000   10,529,000 -15,275,000 -58,060,000   4,848,000 -8,840,000 -7,712,000  -19,745,000  -21,098,250 -15,262,000 -84,393,000               -5,640,000          
      debt extinguishment loss
    		-2,000                                           
      others
    		-4,518,000 -1,837,000 -1,837,000 -1,837,000 -18,134,000 139,107,000 256,000 54,183,000 54,183,000 -40,695,000 110,007,000 -9,677,000 73,005,000 73,005,000 157,944,000 25,451,000 -410,548,000 145,887,000 568,492,000 397,154,000 397,154,000 -25,744,000 49,349,000 -38,938,000 -33,957,000 20,763,000 20,763,000 -8,176,000 71,750,000 14,734,000 17,333,000 17,333,000 17,333,000       -36,050,000 21,052,000 13,304,000 13,304,000 
      total other (expenses)/income
    		-6,972,000 -14,097,000    1,203,500 -29,168,000 55,527,000      776,748,000  159,911,000 25,952,250 207,459,000       420,449,000                   
      profit before income tax
    		244,640,000 911,000   -88,224,000                                       
      income tax benefit
    		-26,357,000 -11,588,000  -11,588,000 8,419,000 23,533,000 6,154,000 -1,562,000                                    
      net profit
    		218,283,000 -10,677,000  -10,677,000 -79,805,000                                       
      net loss attributable to noncontrolling interests
    		719,000  1,575,000 1,575,000    16,086,000 16,086,000 -14,198,000 -2,703,500 1,425,000 1,959,000 1,959,000 10,640,000 2,590,000 2,382,000 3,518,000 8,258,000 2,150,000 2,150,000 9,219,000 7,753,000 11,758,000 1,235,000 1,304,000 1,304,000 20,143,000 15,912,000 5,966,000 4,584,000 4,584,000 4,584,000 -1,652,000 4,370,000 2,201,000 9,678,000 9,678,000 1,149,000 10,852,000 350,000 950,000 950,000 
      net profit attributable to the bilibili inc.’s shareholders
    		219,002,000 -9,102,000  -9,102,000 -79,515,000                                       
      net profit per share, basic
    		0.52 -0.02  -0.02 -0.19                                       
      net profit per ads, basic
    		0.52 -0.02  -0.02 -0.19                                       
      net profit per share, diluted
    		0.51 -0.02  -0.02 -0.19                                       
      net profit per ads, diluted
    		0.51 -0.02  -0.02 -0.19                                       
      weighted-average number of ordinary shares, basic
    		419,443,582 420,086,397 420,086,397 420,086,397 417,849,446 416,470,256 416,287,273 415,274,340 415,274,340 413,983,020 413,210,271 413,446,005 410,564,084 410,564,084 394,863,584 395,062,497 394,863,584 394,742,634 394,452,475 393,538,141 393,538,141 387,921,805 379,898,121 376,073,065 384,588,209 355,351,263 355,351,263 351,301,703 345,816,023 348,634,400 329,443,167 329,443,167 329,443,167 327,231,439 323,161,680 325,661,667 311,841,813 311,841,813 278,836,754 233,047,703 273,886,172 69,336,926 69,336,926 
      weighted-average number of ads, basic
    		419,443,582 420,086,397 420,086,397 420,086,397 417,849,446 416,470,256 416,287,273 415,274,340 415,274,340 413,983,020 413,210,271 413,446,005 410,564,084 410,564,084 394,863,584 395,062,497 394,863,584 394,742,634 394,452,475 393,538,141 393,538,141 387,921,805 379,898,121 376,073,065 384,588,209 355,351,263 355,351,263 351,301,703 345,816,023 348,634,400 329,443,167 329,443,167 329,443,167 327,231,439 323,161,680 325,661,667 311,841,813 311,841,813 278,836,754 233,047,703 273,886,172   
      weighted-average number of ordinary shares, diluted
    		437,370,780 420,086,397 420,086,397 420,086,397 417,849,446 416,470,256 416,287,273 415,274,340 415,274,340 413,983,020 413,210,271 413,446,005 410,564,084 410,564,084 394,863,584 395,062,497 394,863,584 394,742,634 394,452,475 393,538,141 393,538,141 387,921,805 379,898,121 376,073,065 384,588,209 355,351,263 355,351,263 351,301,703 345,816,023 348,634,400 329,443,167 329,443,167 329,443,167 327,231,439 323,161,680 325,661,667 311,841,813 311,841,813 278,836,754 233,047,703 273,886,172 69,336,926 69,336,926 
      weighted-average number of ads, diluted
    		437,370,780 420,086,397 420,086,397 420,086,397 417,849,446 416,470,256 416,287,273 415,274,340 415,274,340 413,983,020 413,210,271 413,446,005 410,564,084 410,564,084 394,863,584 395,062,497 394,863,584 394,742,634 394,452,475 393,538,141 393,538,141 387,921,805 379,898,121 376,073,065 384,588,209 355,351,263 355,351,263 351,301,703 345,816,023 348,634,400 329,443,167 329,443,167 329,443,167 327,231,439 323,161,680 325,661,667 311,841,813 311,841,813 278,836,754 233,047,703 273,886,172   
      net (profit)/loss attributable to noncontrolling interests
    		 1,575,000    3,956,250 -551,000                                     
      net revenues
    		              21,899,167,000                             
      other income:
    		                                           
      total other income
    		  -14,097,000      55,527,000      954,436,000    103,809,000       138,584,000 138,584,000    15,042,000  15,042,000 25,482,000 46,953,500 43,049,000 119,283,000 119,283,000 24,295,000 20,739,750 39,017,000 19,647,000 19,647,000 
      profit before income tax expenses
    		  911,000 911,000                                        
      income tax
    		  -11,588,000      -1,562,000 -17,975,000 -5,140,000 -23,858,000 -31,732,000 -31,732,000 -104,145,000 -27,083,000 -20,461,000 -26,842,000 -83,684,000 -29,759,000 -29,759,000 -28,327,000 -32,787,000 -62,502,000 -21,700,000 -12,475,000 -12,475,000 -17,277,000 -14,761,000 -11,939,000 -9,392,000 -9,392,000 -9,392,000 -8,082,000 -6,926,000 -12,671,000        
      net income
    		  -10,677,000   88,934,000 -608,149,000 -764,631,000 -764,631,000 -1,337,246,000 -1,296,690,000 -1,548,132,000 -629,645,000 -629,645,000 -7,507,653,000 -1,716,040,000 -1,497,036,000 -2,010,445,000 -6,010,617,000 -2,284,132,000 -2,284,132,000 -2,686,300,000 -2,095,767,000 -4,712,972,000 -1,121,813,000 -904,859,000 -904,859,000 -1,100,897,000 -843,711,000 -570,854,000 -538,555,000 -538,555,000 -538,555,000 -405,705,000 -387,211,000 -315,016,000        
      yoy
    		  -98.24%   -106.65% -53.10% -50.61% 21.44% 112.38% -82.73% -9.78% -57.94% -68.68% 24.91% -24.87% -34.46% -25.16% 186.80% -51.54% 103.61% 196.87% 131.61% 328.10% 32.96% 58.51% 68.02% 104.42% 56.66% 40.71% 39.09% 70.96%            
      qoq
    		     -114.62% -20.47% 0.00% -42.82% 3.13% -16.24% 145.87% 0.00% -91.61% 337.50% 14.63% -25.54% -66.55% 163.15% 0.00% -14.97% 28.18% -55.53% 320.12% 23.98% 0.00% -17.81% 30.48% 47.80% 6.00% 0.00% 0.00% 32.75% 4.78% 22.92%         
      net income margin %
    		0% 0% -0.15% 0% 0% 1.86% -9.93% -13.50% -13.50% -23.04% -32.06% -29.19% -12.42% -12.42% -Infinity% -29.62% -38.00% -40.95% -38.15% -45.19% -45.19% -51.59% -61.63% -34.65% -24.96% -23.20% -23.20% -34.13% -41.36% -21.81% -23.26% -23.26% -23.26% -21.82% -32.47% -20.49% 0% 0% 0% 0% 0% 0% 0% 
      net loss attributable to the bilibili inc.’s shareholders
    		  -9,102,000   89,960,000 -608,700,000 -748,545,000 -748,545,000 -1,351,444,000 -881,459,250 -1,546,707,000 -627,686,000 -627,686,000 -7,497,013,000 -1,713,450,000 -1,494,654,000 -2,006,927,000 -6,002,359,000 -2,281,982,000 -2,281,982,000 -2,677,081,000 -2,088,014,000 -4,701,214,000 -1,120,578,000 -903,555,000 -903,555,000 -1,082,016,000 -827,799,000 -566,648,000 -535,241,000 -535,241,000 -535,241,000 -407,357,000 -382,841,000 -312,815,000        
      other comprehensive income:
    		                                           
      foreign currency translation adjustments
    		  -5,911,000            337,972,000    399,761,000    -246,871,000 -174,120,000                    
      total other comprehensive income
    		  -5,911,000            337,972,000                 43,789,000            
      total comprehensive loss
    		  -16,588,000            -7,169,681,000    -5,610,856,000    -2,342,638,000 -4,887,092,000        -494,766,000            
      comprehensive loss attributable to noncontrolling interests
    		  1,575,000            10,640,000                             
      comprehensive loss attributable to the bilibili inc.’s shareholders
    		  -15,013,000            -7,159,041,000    -5,602,598,000    -2,334,885,000 -4,875,334,000        -491,452,000            
      net income per share
    		  -0.02   0.22 -1.46 -1.8 -1.8 -3.26 -3.13 -3.74 -1.53 -1.53 -18.99 -4.34 -3.77 -5.08 -15.22 -5.8 -5.8 -6.9 -5.37 -12.5 -2.91 -2.54 -2.54 -3.08 -2.35 -1.63 -1.62 -1.62 -1.62 -1.24 -1.17 -0.96        
      net loss per ads, basic
    		  -0.02   0.22 -1.46 -1.8 -1.8 -3.26 -2.135 -3.74 -1.53 -1.53 -18.99 -4.34 -3.77 -5.08 -15.22 -5.8 -5.8 -6.9 -5.37 -12.5 -2.91 -2.54 -2.54 -3.08 -2.35 -1.63 -1.62 -1.62 -1.62 -1.24 -1.17 -0.96        
      net loss per ads, diluted
    		  -0.02   0.22 -1.46 -1.8 -1.8 -3.26 -2.135 -3.74 -1.53 -1.53 -18.99 -4.34 -3.77 -5.08 -15.22 -5.8 -5.8 -6.9 -5.37 -12.5 -2.91 -2.54 -2.54 -3.08 -2.35 -1.63 -1.62 -1.62 -1.62 -1.24 -1.17 -0.96        
      share-based compensation expenses included in:
    		                                           
      other income/
    		                                           
      exchange gains
    		   -11,659,000 -5,909,000    -58,060,000 -23,871,000    -7,712,000  -62,867,000    -6,264,000 -6,264,000 -11,621,000 4,056,000 -19,560,000 20,484,000 -28,423,000 -28,423,000 11,406,000 13,388,000 4,213,000 12,710,000 12,710,000 12,710,000  -3,201,000 -847,000   2,162,000 716,000 10,669,000   
      total other income/(expenses)
    		   -14,097,000 -21,545,000     -212,098,000 79,514,750 -246,591,000 776,748,000       -263,561,000 -263,561,000 -779,969,000 -55,234,000 -220,936,000    -336,000 16,477,250 51,203,000              
      debt extinguishment gain
    		     -17,649,000  -20,980,000 -20,980,000 9,771,000  -54,043,000 336,485,000 336,485,000 1,318,594,000                             
      net loss/(profit) attributable to noncontrolling interests
    		    290,000                                       
      income from operations
    		     126,441,000 -585,135,000 -818,596,000 -818,596,000 -1,107,173,000 -1,304,670,000 -1,277,683,000 -1,374,661,000 -1,374,661,000 -8,357,944,000 -1,848,868,000 -2,327,202,000 -2,191,062,000 -6,030,742,000 -1,990,812,000 -1,990,812,000 -1,878,004,000 -1,999,540,000 -4,429,534,000  -1,030,968,000 -1,030,968,000 -1,083,284,000 -903,356,000 -610,118,000 -544,205,000 -544,205,000 -544,205,000 -423,105,000 -419,943,000 -345,394,000        
      yoy
    		     -111.42% -55.15% -35.93% -40.45% -19.46% -84.39% -30.89% -40.93% -37.26% 38.59% -7.13% 16.90% 16.67% 201.61% -55.06%  82.16% 93.95% 308.90%  68.98% 89.44% 99.06% 66.00% 44.20% 29.59% 57.56%            
      qoq
    		     -121.61% -28.52% 0.00% -26.06% -15.14% 2.11% -7.05% 0.00% -83.55% 352.06% -20.55% 6.21% -63.67% 202.93% 0.00% 6.01% -6.08% -54.86%   0.00% -4.83% 19.92% 48.06% 12.11% 0.00% 0.00% 28.62% 0.75% 21.58%         
      operating margin %
    		0% 0% 0% 0% 0% 2.65% -9.55% -14.45% -14.45% -19.07% -32.26% -24.09% -27.12% -27.12% -Infinity% -31.91% -59.08% -44.63% -38.27% -39.39% -39.39% -36.07% -58.80% -32.56% 0% -26.43% -26.43% -33.58% -44.29% -23.31% -23.50% -23.50% -23.50% -22.76% -35.21% -22.46% 0% 0% 0% 0% 0% 0% 0% 
      loss before income tax
    		     -366,399,000 -614,303,000 -763,069,000  -1,319,271,000 -860,364,500 -1,524,274,000 -597,913,000  -7,403,508,000 -1,688,957,000 -1,481,733,250 -1,983,603,000  -2,254,373,000 -2,254,373,000 -2,657,973,000   -1,100,113,000 -892,384,000 -892,384,000 -1,083,620,000 -542,924,500 -558,915,000 -529,163,000  -529,163,000 -397,623,000 -221,854,500 -302,345,000        
      investment income
    		       -21,249,000 -21,249,000  -59,160,000 -278,081,000 286,402,000 286,402,000  178,603,000 -91,417,500 82,043,000  -626,316,000 -626,316,000 -724,311,000 -93,331,000 -100,852,000 455,247,000 168,212,000 168,212,000 14,245,000 9,016,000 31,423,000 -26,481,000  -26,481,000 513,000 -418,000 14,468,000 82,047,000 82,047,000  75,113,000 818,000 25,460,000 25,460,000 
      loss before income tax expenses
    		        -763,069,000     -597,913,000                              
      e-commerce and others
    		               757,775,000 490,519,750 600,985,000 1,962,079,000 603,319,000 603,319,000 734,043,000 457,788,000 1,831,152,000 577,998,000 519,111,000 519,111,000 413,434,000 191,584,500 195,801,000 157,103,000 157,103,000 157,103,000 226,126,000 111,526,250 124,078,000 95,901,000 95,901,000 28,149,000     
      loss before tax
    		                  -5,926,933,000    -2,062,980,000 -4,650,470,000        -529,163,000            
      total other comprehensive loss
    		                  399,761,000    -43,530,000 -174,120,000                    
      accretion to redeemable noncontrolling interests
    		                           -1,262,000  -1,760,000 -1,270,000 -1,270,000 -1,270,000           
      net revenue
    		                                           
      other comprehensive loss:
    		                                           
      gross profit operating expenses:
    		                        988,982,000                   
      loss from operations other (expenses)/income:
    		                        -1,520,562,000                   
      investment income/
    		                               -26,481,000            
      other comprehensive income: foreign currency translation adjustments
    		                               43,789,000            
      live broadcasting and vas
    		                                 452,518,000 267,545,750 326,013,000 291,652,000 291,652,000 169,441,000 95,954,750 118,614,000 95,764,000 95,764,000 
      other
    		                                 -5,362,000 1,165,750 -4,905,000 14,930,000 14,930,000 5,400,000 4,102,250 7,697,000 3,312,000 3,312,000 
      accretions to preferred shares redemption value
    		                                           
      accretions to pre-ipo preferred shares redemption value
    		                                           
      selling and marketing expenses
    		                                           
      deemed dividend in connection with repurchase of preferred shares
    		                                           
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2025-11-13 2025-09-30 2025-08-21 2025-06-30 2025-05-23 2025-05-20 2025-03-31 2025-02-20 2024-12-31 2024-11-14 2024-08-22 2024-06-30 2024-05-24 2024-03-31 2024-03-07 2023-12-31 2023-11-29 2023-09-30 2023-08-18 2023-06-30 2023-06-02 2023-03-31 2023-03-03 2022-12-31 2022-11-29 2022-09-30 2022-09-09 2022-06-30 2022-06-09 2022-03-31 2022-03-04 2021-12-31 2021-11-18 2021-11-17 2021-09-30 2021-08-19 2021-06-30 2021-05-13 2021-03-31 2021-02-26 2020-12-31 2020-11-19 2020-09-30 2020-08-31 2020-06-30 2020-05-27 2020-05-19 2020-03-31 2020-03-18 2019-12-31 2019-11-19 2019-09-30 2019-06-30 2019-05-31 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-05-31 2018-03-31 2017-12-31 2016-12-31 
                                                                    
        assets
      		                                                              
        current assets:
      		                                                              
        cash and cash equivalents
      		12,101,172,000 12,101,172,000 10,675,615,000 10,675,615,000 9,601,900,000 9,601,900,000 9,601,900,000 10,249,382,000 10,249,382,000 7,463,154,000 3,732,504,000 3,732,504,000 6,037,409,000 6,037,409,000 7,191,821,000 106,498,000 7,639,889,000 7,639,889,000 5,686,852,000 5,686,852,000 10,217,931,000  10,172,584,000 10,172,584,000 5,466,115,000 5,466,115,000 3,491,471,000 3,491,471,000 5,077,992,000 5,077,992,000 7,523,108,000 7,523,108,000 10,470,237,000 10,470,237,000 10,470,237,000 11,493,570,000 11,493,570,000 17,601,728,000 17,601,728,000 4,678,109,000 4,678,109,000 5,927,471,000 5,927,471,000 6,094,270,000 6,094,270,000 4,445,249,000 4,445,249,000 4,445,249,000 4,962,660,000 4,962,660,000 4,179,407,000 4,659,202,000 4,659,202,000 2,714,625,000 2,714,625,000 3,540,031,000 2,408,106,000 3,624,784,000 1,051,310,000 1,051,310,000 762,882,000 387,198,000 
        time deposits
      		6,209,944,000 6,209,944,000 7,396,047,000 7,396,047,000 3,937,921,000 3,937,921,000 3,937,921,000 3,588,475,000 3,588,475,000 3,531,414,000 5,151,832,000 5,151,832,000 5,050,823,000 5,050,823,000 5,194,891,000  4,404,608,000 4,404,608,000 5,712,014,000 5,712,014,000 6,119,248,000  4,767,972,000 4,767,972,000 11,946,427,000 11,946,427,000 11,827,483,000 11,827,483,000 6,580,545,000 6,580,545,000 7,632,334,000 7,632,334,000 4,521,003,000 4,521,003,000 4,521,003,000 4,496,909,000 4,496,909,000 6,209,128,000 6,209,128,000 4,720,089,000 4,720,089,000 4,910,762,000 4,910,762,000 4,822,414,000 4,822,414,000 1,312,445,000 1,312,445,000 1,312,445,000 1,844,558,000 1,844,558,000 3,155,271,000 3,068,012,000 3,068,012,000 769,229,000 769,229,000 749,385,000 463,794,000 1,985,000 1,886,000 1,886,000 1,960,000  
        restricted cash
      		50,800,000 50,800,000 50,800,000 50,800,000 50,950,000 50,950,000 50,950,000 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000  167,810,000 167,810,000 167,810,000 167,810,000 14,803,000  14,803,000 14,803,000                                       
        accounts receivable
      		1,135,917,000 1,135,917,000 1,083,544,000 1,083,544,000 1,007,515,000 1,007,515,000 1,007,515,000 1,226,875,000 1,226,875,000 1,516,707,000 1,605,884,000 1,605,884,000 1,278,323,000 1,278,323,000 1,573,900,000  1,649,961,000 1,649,961,000 1,367,815,000 1,367,815,000 1,273,156,000  1,328,584,000 1,328,584,000 1,298,075,000 1,298,075,000 1,430,427,000 1,430,427,000 1,274,585,000 1,274,585,000 1,382,328,000 1,382,328,000 1,347,468,000 1,347,468,000 1,347,468,000 1,377,784,000 1,377,784,000 1,092,744,000 1,092,744,000 1,053,641,000 1,053,641,000 1,186,171,000 1,186,171,000 773,209,000 773,209,000 585,123,000 585,123,000 585,123,000 744,845,000 744,845,000 716,038,000 462,613,000 462,613,000 541,558,000 541,558,000 324,392,000 394,001,000 355,945,000 455,751,000 455,751,000 392,942,000 110,666,000 
        prepayments and other current assets
      		2,326,997,000 2,326,997,000 2,145,669,000 2,145,669,000 1,052,801,000 2,124,271,000 2,124,271,000 1,934,788,000 1,148,111,000 1,886,186,000 1,929,941,000 1,929,941,000 1,877,483,000 1,877,483,000 2,063,362,000 39,941,000 2,419,519,000 2,419,519,000 2,876,381,000 2,876,381,000 3,290,520,000  3,545,493,000 1,950,573,000 4,111,014,000 2,382,487,000 4,008,486,000 4,008,486,000 4,720,049,000 4,720,049,000 4,848,364,000 2,807,048,000 2,525,591,000 3,995,685,000 3,995,685,000 3,944,653,000 3,944,653,000 3,414,654,000 3,414,654,000 1,930,519,000 1,765,787,000 1,810,870,000 1,810,870,000 1,935,293,000 1,935,293,000 1,473,577,000 1,701,327,000 1,701,327,000 1,511,191,000 1,315,901,000 1,629,754,000 1,649,315,000 1,649,315,000 1,198,124,000 1,198,124,000 990,851,000 799,444,000 718,081,000 727,920,000 727,920,000 477,265,000 185,378,000 
        short-term investments
      		5,176,449,000 5,176,449,000 4,219,143,000 4,219,143,000 3,856,835,000 3,856,835,000 3,856,835,000 2,706,535,000 2,706,535,000 4,239,534,000 5,027,593,000 5,027,593,000 1,833,458,000 1,833,458,000 2,653,065,000 625,474,000 2,469,203,000 2,469,203,000 2,899,822,000 2,899,822,000   4,623,452,000 4,623,452,000 6,528,634,000 6,528,634,000 9,598,710,000 9,598,710,000 13,071,197,000 13,071,197,000 15,060,722,000 15,060,722,000 9,439,311,000 9,439,311,000 9,439,311,000 11,581,749,000 11,581,749,000 3,226,651,000 3,226,651,000 3,357,189,000 3,357,189,000 3,260,895,000 3,260,895,000 4,639,382,000 4,639,382,000 2,189,268,000 2,189,268,000 2,189,268,000 1,260,810,000 1,260,810,000 1,059,546,000 835,769,000 835,769,000 1,059,509,000 1,059,509,000 945,338,000 611,947,000 345,784,000 226,470,000 226,470,000 488,391,000 712,564,000 
        total current assets
      		27,001,279,000 27,001,279,000 25,570,818,000 25,570,818,000 20,579,392,000 20,579,392,000 20,579,392,000 19,756,055,000 19,756,055,000 18,686,995,000 17,497,754,000 17,497,754,000 16,127,496,000 16,127,496,000 18,727,039,000  18,750,990,000 18,750,990,000 18,710,694,000 18,710,694,000 23,964,618,000 24,452,888,000 24,452,888,000 24,452,888,000 29,350,265,000 29,350,265,000 30,356,577,000 30,356,577,000 30,724,368,000 30,724,368,000 36,446,856,000 36,446,856,000 29,773,704,000 29,773,704,000 29,773,704,000 32,894,665,000 32,894,665,000 31,544,905,000 31,544,905,000 15,739,547,000 15,739,547,000 17,096,169,000 17,096,169,000 18,264,568,000 18,264,568,000 10,233,412,000 10,233,412,000 10,233,412,000 10,324,064,000 10,324,064,000 10,740,016,000 10,674,911,000 10,674,911,000 6,306,912,000 6,306,912,000 6,549,997,000 4,682,646,000 5,070,357,000 2,463,337,000 2,463,337,000   
        non-current assets:
      		                                                              
        property and equipment
      		636,554,000 636,554,000 608,268,000 608,268,000 522,109,000 522,109,000 522,109,000 589,227,000 589,227,000 668,022,000 703,578,000 703,578,000 757,663,000 757,663,000 714,734,000  796,644,000 796,644,000 929,803,000 929,803,000 1,046,549,000  1,227,163,000 1,227,163,000 1,383,123,000 1,383,123,000 1,481,859,000 1,481,859,000 1,303,154,000 1,303,154,000 1,350,256,000 1,350,256,000 1,363,808,000 1,363,808,000 1,363,808,000 1,087,260,000 1,087,260,000 901,056,000 901,056,000 761,941,000 761,941,000 787,701,000 787,701,000 698,959,000 698,959,000 481,090,000 481,090,000 481,090,000 516,087,000 516,087,000 472,619,000 456,584,000 456,584,000 362,931,000 362,931,000 394,898,000 320,718,000 248,336,000 199,781,000 199,781,000   
        production cost
      		1,618,295,000 1,618,295,000 1,721,157,000 1,721,157,000 1,753,344,000 1,753,344,000 1,753,344,000 1,851,207,000 1,851,207,000 1,866,219,000 1,945,917,000 1,945,917,000 2,023,621,000 2,023,621,000 2,066,066,000  1,997,550,000 1,997,550,000 2,014,100,000 2,014,100,000 1,970,778,000  1,929,622,000 1,929,622,000 1,758,955,000 1,758,955,000 1,472,547,000 1,472,547,000 1,195,475,000 1,195,475,000 1,083,772,000 1,083,772,000 893,204,000 893,204,000 893,204,000 811,920,000 811,920,000 684,431,000 684,431,000 667,876,000 667,876,000 666,281,000 666,281,000 556,019,000 556,019,000 495,806,000 495,806,000 495,806,000 443,533,000 443,533,000 404,336,000 338,339,000 338,339,000 218,585,000 218,585,000 204,231,000 73,207,000 53,202,000 30,522,000 30,522,000   
        intangible assets
      		2,939,518,000 2,939,518,000 3,019,348,000 3,019,348,000 3,199,545,000 3,199,545,000 3,199,545,000 3,201,012,000 3,201,012,000 3,238,432,000 3,425,849,000 3,425,849,000 3,491,750,000 3,491,750,000 3,627,533,000  3,881,654,000 3,881,654,000 3,952,713,000 3,952,713,000 4,074,346,000  4,326,790,000 4,326,790,000 4,584,414,000 4,584,414,000 4,583,451,000 4,583,451,000 4,318,797,000 4,318,797,000 3,835,600,000 3,835,600,000 3,259,237,000 3,259,237,000 3,259,237,000 2,881,926,000 2,881,926,000 2,817,368,000 2,817,368,000 2,356,959,000 2,356,959,000 2,368,253,000 2,368,253,000 1,988,680,000 1,988,680,000 1,815,081,000 1,815,081,000 1,815,081,000 1,657,333,000 1,657,333,000 1,525,031,000 1,559,932,000 1,559,932,000 1,363,524,000 1,363,524,000 1,419,435,000 1,089,455,000 868,144,000 685,523,000 685,523,000 426,292,000 282,472,000 
        goodwill
      		2,725,130,000 2,725,130,000 2,725,130,000 2,725,130,000 2,725,130,000 2,725,130,000 2,725,130,000 2,725,130,000 2,725,130,000 2,725,130,000 2,725,130,000 2,725,130,000 2,725,130,000 2,725,130,000 2,725,130,000  2,725,130,000 2,725,130,000 2,725,130,000 2,725,130,000 2,725,130,000  2,725,130,000 2,725,130,000 2,725,130,000 2,725,130,000 2,725,130,000 2,725,130,000 2,682,999,000 2,682,999,000 2,338,303,000 2,338,303,000 1,633,509,000 1,633,509,000 1,633,509,000 1,594,781,000 1,594,781,000 1,594,781,000 1,594,781,000 1,295,786,000 1,295,786,000 1,295,786,000 1,295,786,000 1,012,026,000 1,012,026,000 1,012,026,000 1,012,026,000 1,012,026,000 1,012,026,000 1,012,026,000 1,012,026,000 941,488,000 941,488,000 941,488,000 941,488,000 941,488,000 468,807,000 50,967,000 50,967,000 50,967,000 50,967,000 50,967,000 
        long-term investments
      		4,353,581,000 4,353,581,000 4,565,609,000 4,565,609,000 3,919,494,000 3,919,494,000 3,919,494,000 3,911,592,000 3,911,592,000 4,172,991,000 4,303,083,000 4,303,083,000 4,365,225,000 4,365,225,000 4,366,632,000 772,559,000 4,597,966,000 4,597,966,000 5,223,492,000 5,223,492,000   5,651,018,000 5,651,018,000 5,907,854,000 5,907,854,000 6,354,323,000 6,354,323,000 5,946,991,000 5,946,991,000 5,502,524,000 5,502,524,000 4,186,112,000 4,186,112,000 4,186,112,000 3,080,245,000 3,080,245,000 2,167,560,000 2,167,560,000 2,232,938,000 2,232,938,000 1,548,769,000 1,548,769,000 1,622,453,000 1,622,453,000 1,446,164,000 1,446,164,000 1,446,164,000 1,251,129,000 1,251,129,000 1,421,358,000 1,600,759,000 1,600,759,000 1,228,060,000 1,228,060,000 979,987,000 1,003,275,000 819,318,000 744,201,000 744,201,000 635,952,000 377,031,000 
        other long-term assets
      		658,749,000 658,749,000 583,453,000 583,453,000 439,239,000 581,476,000 581,476,000 664,277,000 529,146,000 663,511,000 717,182,000 717,182,000 758,373,000 758,373,000 931,933,000  1,145,299,000 1,145,299,000 1,339,425,000 1,339,425,000 1,478,842,000  1,517,959,000 1,474,368,000 1,890,712,000 1,854,357,000 1,529,740,000 1,529,740,000 1,735,390,000 1,735,390,000 1,495,840,000 1,459,485,000 1,336,589,000 1,357,507,000 1,357,507,000 942,425,000 942,425,000 698,621,000 698,621,000 810,561,000 789,643,000 583,488,000 583,488,000 329,472,000 329,472,000 276,318,000 276,318,000 276,318,000 301,916,000 301,916,000 275,630,000 227,627,000 227,627,000          
        total non-current assets
      		12,931,827,000 12,931,827,000 13,222,965,000 13,222,965,000 12,701,098,000 12,701,098,000 12,701,098,000 12,942,445,000 12,942,445,000 13,334,305,000 13,820,739,000 13,820,739,000 14,121,762,000 14,121,762,000 14,432,028,000  15,144,243,000 15,144,243,000 16,184,663,000 16,184,663,000  17,377,682,000 17,377,682,000 17,377,682,000 18,250,188,000 18,250,188,000 18,147,050,000 18,147,050,000 17,182,806,000 17,182,806,000 15,606,295,000 15,606,295,000 12,693,377,000 12,693,377,000 12,693,377,000 10,398,557,000 10,398,557,000 8,863,817,000 8,863,817,000 8,126,061,000 8,126,061,000 7,250,278,000 7,250,278,000 6,207,609,000 6,207,609,000 5,538,195,000 5,538,195,000 5,538,195,000 5,192,503,000 5,192,503,000 5,111,000,000 5,124,729,000 5,124,729,000 4,367,101,000 4,367,101,000 3,940,039,000 2,955,462,000 2,039,967,000 1,710,994,000 1,710,994,000   
        total assets
      		39,933,106,000 39,933,106,000 38,793,783,000 38,793,783,000 33,280,490,000 33,280,490,000 33,280,490,000 32,698,500,000 32,698,500,000 32,021,300,000 31,318,493,000 31,318,493,000 30,249,258,000 30,249,258,000 33,159,067,000 20,757,887,000 33,895,233,000 33,895,233,000 34,895,357,000 34,895,357,000 40,977,221,000 41,830,570,000 41,830,570,000 41,830,570,000 47,600,453,000 47,600,453,000 48,503,627,000 48,503,627,000 47,907,174,000 47,907,174,000 52,053,151,000 52,053,151,000 42,467,081,000 42,467,081,000 42,467,081,000 43,293,222,000 43,293,222,000 40,408,722,000 40,408,722,000 23,865,608,000 23,865,608,000 24,346,447,000 24,346,447,000 24,472,177,000 24,472,177,000 15,771,607,000 15,771,607,000 15,771,607,000 15,516,567,000 15,516,567,000 15,851,016,000 15,799,640,000 15,799,640,000 10,674,013,000 10,674,013,000 10,490,036,000 7,638,108,000 7,110,324,000 4,174,331,000 4,174,331,000 3,473,525,000 2,166,710,000 
        liabilities
      		                                                              
        current liabilities:
      		                                                              
        accounts payable
      		5,297,185,000 5,297,185,000 5,186,223,000 5,186,223,000 4,983,062,000 4,983,062,000 4,983,062,000 4,801,416,000 4,801,416,000 4,923,826,000 4,566,128,000 4,566,128,000 4,530,078,000 4,530,078,000 4,333,730,000  4,122,334,000 4,122,334,000 4,171,625,000 4,171,625,000 4,400,307,000  4,291,656,000 4,291,656,000 4,730,920,000 4,730,920,000 5,501,052,000 5,501,052,000 4,301,876,000 4,301,876,000 4,360,906,000 4,360,906,000 4,198,301,000 4,198,301,000 4,198,301,000 3,627,701,000 3,627,701,000 3,099,553,000 3,099,553,000 3,074,298,000 3,074,298,000 2,932,801,000 2,932,801,000 2,627,802,000 2,627,802,000 2,132,377,000 2,132,377,000 2,132,377,000 1,904,042,000 1,904,042,000 1,900,290,000 1,718,444,000 1,718,444,000 1,424,617,000 1,424,617,000 1,307,598,000 1,049,537,000 946,371,000 867,414,000 867,414,000   
        salary and welfare payables
      		1,526,485,000 1,526,485,000 1,383,188,000 1,383,188,000  1,200,571,000 1,200,571,000 1,599,482,000  1,445,622,000 1,165,433,000 1,165,433,000 932,820,000 932,820,000 1,219,355,000  1,070,015,000 1,070,015,000 994,074,000 994,074,000 836,676,000  1,401,526,000  991,170,000  868,129,000 868,129,000 591,130,000 591,130,000 995,451,000   902,181,000 902,181,000 689,651,000 689,651,000 508,527,000 508,527,000 734,376,000  530,305,000 530,305,000 390,275,000 390,275,000  263,210,000 263,210,000 355,936,000  323,471,000 230,193,000 230,193,000 148,219,000 148,219,000 246,815,000 199,351,000 140,926,000 91,517,000 91,517,000   
        taxes payable
      		419,005,000 419,005,000 415,028,000 415,028,000 376,961,000 376,961,000 376,961,000 428,932,000 428,932,000 384,087,000 311,821,000 311,821,000 279,637,000 279,637,000 345,250,000  275,018,000 275,018,000 300,330,000 300,330,000 274,346,000  316,244,000 316,244,000 253,289,000 253,289,000 238,429,000 238,429,000 205,574,000 205,574,000 203,770,000 203,770,000 148,421,000 148,421,000 148,421,000 122,865,000 122,865,000 102,305,000 102,305,000 127,192,000 127,192,000 111,132,000 111,132,000 50,388,000 50,388,000 54,486,000 54,486,000 54,486,000 67,856,000 67,856,000 86,289,000 55,240,000 55,240,000 40,904,000 40,904,000 38,505,000 28,943,000 29,896,000 52,724,000 52,724,000   
        short-term loan and current portion of long-term debt
      		1,636,078,000 1,636,078,000   1,818,124,000 1,818,124,000 1,818,124,000 1,571,836,000  4,297,045,000 4,846,173,000 4,846,173,000 4,941,485,000 4,941,485,000 7,455,753,000 6,053,767,000 4,482,382,000 4,482,382,000 4,611,656,000 4,611,656,000 6,851,698,000   6,621,386,000  6,953,943,000                                     
        deferred revenue
      		4,428,786,000 4,428,786,000 4,239,833,000 4,239,833,000 3,848,682,000 3,848,682,000 3,848,682,000 3,802,307,000 3,802,307,000 4,106,212,000 3,725,443,000 3,725,443,000 2,987,606,000 2,987,606,000 2,954,088,000 9,284,000 2,837,780,000 2,837,780,000 2,690,964,000 2,690,964,000 2,730,136,000  2,819,323,000 2,819,323,000 2,853,111,000 2,853,111,000 2,777,120,000 2,777,120,000 2,634,532,000 2,634,532,000 2,645,389,000 2,645,389,000 2,661,401,000 2,661,401,000 2,661,401,000 2,612,818,000 2,612,818,000 2,208,619,000 2,208,619,000 2,118,006,000 2,118,006,000 2,117,864,000 2,117,864,000 1,621,322,000 1,621,322,000 1,491,173,000 1,491,173,000 1,491,173,000 1,369,000,000 1,369,000,000 1,347,684,000 1,081,758,000 1,081,758,000 1,288,893,000 1,288,893,000 985,143,000 836,535,000 926,275,000 1,014,219,000 1,014,219,000   
        accrued liabilities and other payables
      		3,169,792,000 3,169,792,000 3,055,058,000 3,055,058,000 2,845,213,000 2,877,377,000 2,877,377,000 2,558,830,000 2,554,281,000 2,600,074,000 2,541,153,000 2,541,153,000 2,058,980,000 2,058,980,000 1,795,519,000 93,713,000 1,905,498,000 1,905,498,000 1,710,808,000 1,710,808,000 1,607,164,000  1,643,269,000 1,534,962,000 2,147,054,000 2,052,393,000 2,157,209,000 2,157,209,000 2,110,648,000 2,110,648,000 2,633,389,000 2,416,955,000 1,917,825,000 2,001,942,000 2,001,942,000 1,956,989,000 1,956,989,000 1,522,845,000 1,522,845,000 1,237,676,000 1,237,676,000 1,217,655,000 1,217,655,000 785,670,000 785,670,000 761,417,000 761,417,000 761,417,000 575,763,000 575,763,000 449,697,000 625,628,000 625,628,000   670,442,000 445,254,000 98,984,000 125,080,000 125,080,000   
        total current liabilities
      		16,477,331,000 16,477,331,000 16,014,318,000 16,014,318,000 15,104,777,000 15,104,777,000 15,104,777,000 14,762,803,000 14,762,803,000 17,756,866,000 17,156,151,000 17,156,151,000 15,730,606,000 15,730,606,000 18,103,695,000  14,693,027,000 14,693,027,000 14,479,457,000 14,479,457,000 16,700,327,000  17,093,404,000 17,093,404,000 17,929,487,000 17,929,487,000 12,990,988,000 12,990,988,000 11,335,787,000 11,335,787,000 12,071,011,000 12,071,011,000 10,846,552,000 10,846,552,000 10,846,552,000 9,398,472,000 9,398,472,000 7,541,849,000 7,541,849,000 7,391,548,000 7,391,548,000 7,009,757,000 7,009,757,000 5,575,457,000 5,575,457,000 4,802,663,000 4,802,663,000 4,802,663,000 4,272,597,000 4,272,597,000 4,107,431,000 3,811,263,000 3,811,263,000 3,517,190,000 3,517,190,000 3,298,834,000 2,588,983,000 2,149,215,000 2,153,964,000 2,153,964,000 1,397,994,000 628,100,000 
        non-current liabilities:
      		                                                              
        long-term debt
      		8,056,329,000 8,056,329,000 8,088,858,000 8,088,858,000 3,264,089,000 3,264,089,000 3,264,089,000 3,264,153,000 3,264,153,000 724,000 731,000 731,000 732,000 732,000 646,000  3,076,494,000 3,076,494,000 3,197,625,000 3,197,625,000 5,957,953,000  8,683,150,000 8,683,150,000 12,301,692,000 12,301,692,000 16,922,598,000 16,922,598,000 16,442,571,000 16,442,571,000 17,784,092,000 17,784,092,000 7,856,580,000   8,174,278,000 8,174,278,000 8,312,464,000 8,312,464,000 8,340,922,000 8,340,922,000 8,699,504,000 8,699,504,000 9,037,440,000 9,037,440,000 3,470,785,000 3,470,785,000 3,470,785,000 3,414,628,000 3,414,628,000 3,459,124,000 3,358,771,000 3,358,771,000          
        other long-term liabilities
      		507,797,000 507,797,000 534,849,000 534,849,000 531,276,000 531,276,000 531,276,000 567,631,000 567,631,000 540,594,000 579,908,000 579,908,000 611,201,000 611,201,000 650,459,000  650,689,000 650,689,000 685,593,000 685,593,000 731,274,000  814,429,000 814,429,000 825,754,000 825,754,000 647,327,000 647,327,000 656,896,000 656,896,000 481,982,000 481,982,000 340,708,000 340,708,000 340,708,000 285,683,000 285,683,000 315,282,000 315,282,000 350,934,000 350,934,000 226,949,000 226,949,000 197,552,000 197,552,000 173,533,000 173,533,000 173,533,000 192,882,000 192,882,000 203,179,000 170,005,000 170,005,000          
        total non-current liabilities
      		8,564,126,000 8,564,126,000 8,623,707,000 8,623,707,000 3,795,365,000 3,795,365,000 3,795,365,000 3,831,784,000 3,831,784,000 541,318,000 580,639,000 580,639,000 611,933,000 611,933,000 651,105,000  3,727,183,000 3,727,183,000 3,883,218,000 3,883,218,000 6,689,227,000  9,497,579,000 9,497,579,000 13,127,446,000 13,127,446,000 17,569,925,000 17,569,925,000 17,099,467,000 17,099,467,000 18,266,074,000 18,266,074,000 8,197,288,000 8,197,288,000 8,197,288,000 8,459,961,000 8,459,961,000 8,627,746,000 8,627,746,000 8,691,856,000 8,691,856,000 8,926,453,000 8,926,453,000 9,234,992,000 9,234,992,000 3,644,318,000 3,644,318,000 3,644,318,000 3,607,510,000 3,607,510,000 3,662,303,000 3,528,776,000 3,528,776,000 218,083,000 218,083,000        
        total liabilities
      		25,041,457,000 25,041,457,000 24,638,025,000 24,638,025,000 18,900,142,000 18,900,142,000 18,900,142,000 18,594,587,000 18,594,587,000 18,298,184,000 17,736,790,000 17,736,790,000 16,342,539,000 16,342,539,000 18,754,800,000 6,365,987,000 18,420,210,000 18,420,210,000 18,362,675,000 18,362,675,000 23,389,554,000 26,590,983,000 26,590,983,000 26,590,983,000 31,056,933,000 31,056,933,000 30,560,913,000 30,560,913,000 28,435,254,000 28,435,254,000 30,337,085,000 30,337,085,000 19,043,840,000 19,043,840,000 19,043,840,000 17,858,433,000 17,858,433,000 16,169,595,000 16,169,595,000 16,083,404,000 16,083,404,000 15,936,210,000 15,936,210,000 14,810,449,000 14,810,449,000 8,446,981,000 8,446,981,000 8,446,981,000 7,880,107,000 7,880,107,000 7,769,734,000 7,340,039,000 7,340,039,000 3,735,273,000 3,735,273,000 3,298,834,000 2,588,983,000 2,149,215,000 2,153,964,000 2,153,964,000 1,397,994,000  
        total bilibili inc.’s shareholders’ equity
      		14,899,296,000 14,899,296,000 14,162,576,000 14,162,576,000 14,386,407,000 14,386,407,000 14,386,407,000 14,108,397,000 14,108,397,000 13,726,574,000 13,584,871,000 13,584,871,000 13,910,438,000 13,910,438,000 14,391,900,000  15,462,450,000 15,462,450,000 16,534,307,000 16,534,307,000 17,587,867,000  15,237,828,000 15,237,828,000 16,539,379,000 16,539,379,000 17,935,983,000 17,935,983,000 19,461,671,000 19,461,671,000 21,703,667,000 21,703,667,000 23,386,384,000 23,386,384,000 23,386,384,000 25,388,713,000 25,388,713,000 24,071,136,000 24,071,136,000 7,600,200,000 7,600,200,000 8,212,321,000 8,212,321,000 8,939,966,000 8,939,966,000 6,598,657,000 6,598,657,000 6,598,657,000 7,052,484,000 7,052,484,000 7,544,948,000 8,226,875,000 8,226,875,000 6,703,813,000 6,703,813,000        
        noncontrolling interests
      		-7,647,000 -7,647,000 -6,818,000 -6,818,000 -6,059,000 -6,059,000 -6,059,000 -4,484,000 -4,484,000 -3,458,000 -3,168,000 -3,168,000 -3,719,000 -3,719,000 12,367,000  12,573,000 12,573,000 -1,625,000 -1,625,000 -200,000  1,759,000 1,759,000 4,141,000 4,141,000 6,731,000 6,731,000 10,249,000 10,249,000 12,399,000 12,399,000 36,857,000 36,857,000 36,857,000 46,076,000 46,076,000 167,991,000 167,991,000 182,004,000 182,004,000 197,916,000 197,916,000 593,709,000 593,709,000 600,360,000 600,360,000 600,360,000 583,976,000 583,976,000 536,334,000 232,726,000 232,726,000 234,927,000 234,927,000  138,705,000      
        total shareholders’ equity
      		14,891,649,000 14,891,649,000 14,155,758,000 14,155,758,000 14,380,348,000 14,380,348,000 14,380,348,000 14,103,913,000 14,103,913,000 13,723,116,000 13,581,703,000 13,581,703,000 13,906,719,000 13,906,719,000 14,404,267,000  15,475,023,000 15,475,023,000 16,532,682,000 16,532,682,000 17,587,667,000 15,239,587,000 15,239,587,000 15,239,587,000 16,543,520,000 16,543,520,000 17,942,714,000 17,942,714,000 19,471,920,000 19,471,920,000 21,716,066,000 21,716,066,000 23,423,241,000 23,423,241,000 23,423,241,000 25,434,789,000 25,434,789,000 24,239,127,000 24,239,127,000 7,782,204,000 7,782,204,000 8,410,237,000 8,410,237,000 9,533,675,000 9,533,675,000 7,199,017,000 7,199,017,000 7,199,017,000 7,636,460,000 7,636,460,000 8,081,282,000 8,459,601,000 8,459,601,000 6,938,740,000 6,938,740,000        
        total liabilities and shareholders’ equity
      		39,933,106,000 39,933,106,000 38,793,783,000 38,793,783,000 33,280,490,000 33,280,490,000 33,280,490,000 32,698,500,000 32,698,500,000 32,021,300,000 31,318,493,000 31,318,493,000 30,249,258,000 30,249,258,000 33,159,067,000  33,895,233,000 33,895,233,000 34,895,357,000 34,895,357,000 40,977,221,000 41,830,570,000 41,830,570,000 41,830,570,000 47,600,453,000 47,600,453,000 48,503,627,000 48,503,627,000 47,907,174,000 47,907,174,000 52,053,151,000 52,053,151,000 42,467,081,000 42,467,081,000 42,467,081,000 43,293,222,000 43,293,222,000 40,408,722,000 40,408,722,000 23,865,608,000 23,865,608,000 24,346,447,000 24,346,447,000      15,516,567,000 15,516,567,000 15,851,016,000 15,799,640,000 15,799,640,000 10,674,013,000 10,674,013,000      3,473,525,000  
        short-term loans and current portion of long-term debt
      		  1,734,988,000 1,734,988,000     1,571,836,000                                                      
        amount due from related parties
      		    1,071,470,000    786,677,000               1,594,920,000  1,728,527,000      2,041,316,000 1,470,094,000        164,732,000                      
        deferred tax assets
      		    142,237,000    135,131,000               43,591,000  36,355,000      36,355,000 20,918,000        20,918,000     11,710,000 11,710,000 11,710,000 10,479,000 10,479,000             
        salary and welfare payable
      		    1,200,571,000    1,599,482,000               1,401,526,000  991,170,000      995,451,000 902,181,000        734,376,000     263,210,000    355,936,000             
        amount due to related parties
      		    32,164,000    4,549,000               108,307,000  94,661,000      216,434,000 84,117,000                     30,180,000 30,180,000 50,331,000 29,363,000 6,763,000 3,010,000 3,010,000   
        shareholders’ equity
      		                                                              
        ordinary shares:
      		                                                              
        class y ordinary shares
      		    51,000    52,000               52,000  52,000      52,000 52,000        52,000     53,000    53,000             
        class z ordinary shares
      		    218,000    216,000               201,000  200,000      199,000 197,000        172,000     156,000    155,000             
        additional paid-in capital
      		    41,747,152,000    41,454,130,000               36,623,161,000  36,368,270,000      35,929,961,000 35,277,795,000        14,616,302,000     10,772,444,000    10,718,190,000             
        statutory reserves
      		    48,642,000    48,642,000               36,173,000  24,621,000      24,621,000 17,884,000        17,884,000     13,463,000    13,463,000             
        accumulated other comprehensive income
      		    260,905,000    266,816,000               58,110,000  119,899,000      -279,862,000 -32,991,000        141,129,000     510,018,000    466,229,000             
        accumulated deficit
      		    -27,670,561,000    -27,661,459,000               -21,479,869,000  -19,973,663,000      -13,971,304,000 -11,876,553,000        -7,175,339,000     -4,697,477,000    -4,145,606,000             
        commitments and contingencies
      		                                                              
        amounts due from group companies
      		               19,213,415,000                                               
        other non-current assets
      		                                                              
        amounts due to group companies
      		                                                              
        amounts due to related parties
      		                                                              
        other long-term payable
      		               15,931,000                                               
        deficit in subsidiaries and net income of vies and vies’ subsidiaries
      		               193,292,000                                               
        total bilibili inc’s shareholders’ equity/
      		               14,391,900,000                                               
        total shareholders’ equity/
      		               14,391,900,000                                               
        total liabilities and shareholders’ equity/
      		               20,757,887,000                                               
        short term investments
      		                    3,048,960,000                                          
        non current assets:
      		                                                              
        long term investments
      		                    5,716,958,000                                          
        total non current assets
      		                    17,012,603,000                                          
        net revenues
      		                     21,899,167,000                                         
        gross profit
      		                     3,849,295,000                                         
        loss before income tax
      		                     -7,403,508,000                                         
        net loss
      		                     -7,507,653,000                                         
        net loss attributable to the bilibili inc.’s shareholders
      		                     -7,497,013,000                                         
        non-gaap financial measures:
      		                                                              
        adjusted net loss
      		                     -6,702,373,000                                         
        adjusted net loss attributable to the bilibili inc.’s shareholders
      		                     -6,691,733,000                                         
        short-term loan and current-portion of long-term debt
      		                      6,621,386,000  6,953,943,000                                      
        short-term loan
      		                          1,449,049,000 1,449,049,000 1,492,027,000 1,492,027,000 1,232,106,000   934,306,000 934,306,000 388,448,000 388,448,000   100,000,000  100,000,000 100,000,000 100,000,000 100,000,000                  
        short-term loans
      		                               1,232,106,000 934,306,000     100,000,000 100,000,000  100,000,000     100,000,000 100,000,000 100,000,000      100,000,000 100,000,000        
        non-current liabilities: long-term debt
      		                                 7,856,580,000 7,856,580,000                            
        redeemable noncontrolling interests
      		                                           128,053,000 128,053,000 125,609,000 125,609,000 125,609,000               
        total liabilities, redeemable noncontrolling interests and shareholders’ equity
      		                                           24,472,177,000 24,472,177,000 15,771,607,000 15,771,607,000 15,771,607,000               
        receivables due from related parties
      		                                             227,750,000    195,290,000    23,867,000 23,867,000  5,354,000 23,778,000     
        non-current liabilities :
      		                                                              
        short term loan
      		                                                   100,000,000 100,000,000          
        other long-term assets4
      		                                                     252,513,000 252,513,000        
        accrued liabilities and other payables4
      		                                                     484,377,000 484,377,000        
        other long-term liabilities4
      		                                                     218,083,000 218,083,000        
        mezzanine equity:
      		                                                              
        pre-ipo series a convertible redeemable preferred shares
      		                                                              
        pre-ipo series a+ convertible redeemable preferred shares
      		                                                              
        pre-ipo series b convertible redeemable preferred shares
      		                                                              
        pre-ipo series c convertible redeemable preferred shares
      		                                                              
        pre-ipo series c1 convertible redeemable preferred shares
      		                                                              
        pre-ipo series c2 convertible redeemable preferred shares
      		                                                              
        pre-ipo series d1 convertible redeemable preferred shares
      		                                                              
        pre-ipo series d2 convertible redeemable preferred shares
      		                                                              
        total mezzanine equity
      		                                                          4,078,237,000 4,078,237,000 4,015,043,000 2,861,613,000 
        total bilibili inc.’s shareholders’ (deficit)/equity
      		                                                        4,910,420,000 4,961,409,000     
        total shareholders’ (deficit)/equity
      		                                                        5,049,125,000 4,961,109,000   -1,939,512,000 -1,323,003,000 
        total liabilities, mezzanine equity and shareholders’ (deficit)/equity
      		                                                        7,638,108,000 7,110,324,000     
        net income
      		                                                              
        add:
      		                                                              
        share-based compensation expenses
      		                                                        49,814,000 53,619,000     
        amortization expense related to intangible assets acquired through business acquisition
      		                                                        1,022,000 1,022,000     
        adjusted net income
      		                                                              
        net income attributable to the bilibili inc.’s shareholders
      		                                                              
        adjusted net income attributable to the bilibili inc.’s shareholders
      		                                                              
        adjusted net income per share, basic
      		                                                              
        adjusted net income per ads, basic
      		                                                              
        adjusted net income per share, diluted
      		                                                              
        adjusted net income per ads, diluted
      		                                                              
        weighted-average number of ordinary shares, basic
      		                                                        273,886,172,000 69,336,926,000     
        weighted-average number of ads, basic
      		                                                        273,886,172,000      
        weighted-average number of ordinary shares, diluted
      		                                                        273,886,172,000 69,336,926,000     
        weighted-average number of ads, diluted
      		                                                        273,886,172,000      
        total bilibili inc.’s shareholders’ deficit
      		                                                              
        total shareholders’ deficit
      		                                                              
        total liabilities, mezzanine equity and shareholders’ equity
      		                                                          4,174,331,000 4,174,331,000   
        selected consolidated balance sheet data:
      		                                                              
        net current assets
      		                                                            755,106,000  
        net assets
      		                                                            2,075,531,000  
        selected consolidated statements of cash flow data:
      		                                                              
        net cash (used in)/provided by operating activities
      		                                                             -198,967,000 
        net cash from investing activities
      		                                                             -1,187,300,000 
        net cash from financing activities
      		                                                             1,024,087,000 
        effect of exchange rate changes on cash and cash equivalents and restricted cash held in foreign currencies
      		                                                             49,606,000 
        net increase/(decrease) in cash and cash equivalents and restricted cash
      		                                                             -312,574,000 
        cash and cash equivalents and restricted cash at beginning of the year
      		                                                             699,772,000 
        cash and cash equivalents and restricted cash at end of the year
      		                                                             387,198,000 
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2025-08-21 2025-05-23 2025-03-31 2023-08-18 2023-03-31 2022-12-31 2021-12-31 2020-05-27 
                
          net cash from operating activities
        		1,989,265,000 1,302,095,000 1,302,095,000 3,260,212,000 -3,911,370,000 -707,256,000  288,665,000 
          capital expenditures
        		0 -35,699,000 -35,699,000 0 0 -44,055,000  0 
          free cash flows
        		1,989,265,000 1,266,396,000 1,266,396,000 3,260,212,000 -3,911,370,000 -751,311,000  288,665,000 
          net cash from investing activities
        		-4,981,266,000 -2,206,517,000  -9,599,075,000 10,609,218,000 8,221,990,000 -12,483,608,000 -1,037,040,000 
          net cash from financing activities
        		4,051,538,000 251,258,000  -482,761,000 -4,354,919,000 -2,788,367,000 10,337,260,000 188,783,000 
          effect of exchange rate changes on cash and cash equivalents and restricted cash held in foreign currencies
        		14,028,000 6,632,000 6,632,000     42,181,000 
          net increase in cash, cash equivalents and restricted cash
        		   -6,997,004,000 2,664,279,000    
          cash, cash equivalents and restricted cash at beginning of the period
        		        
          cash, cash equivalents and restricted cash at end of the period
        		        
          cash flows from operating activities:
        		        
          net loss
        		 -10,677,000    -1,497,036,000 -2,095,767,000  
          adjustments to reconcile net loss to net cash from operating activities:
        		        
          depreciation of property and equipment
        		 106,318,000 106,318,000   198,664,000 167,429,000  
          amortization of intangible assets
        		 388,172,000 388,172,000   644,921,000 554,722,000  
          amortization of right-of-use assets
        		 39,907,000 39,907,000   51,654,000 44,422,000  
          amortization of debt issuance costs
        		 71,000 71,000   13,351,000 8,613,000  
          share-based compensation expenses
        		 290,765,000 290,765,000   254,795,000 307,470,000  
          allowance for expected credit losses
        		 10,000,000 10,000,000      
          inventory provision
        		 -5,452,000 -5,452,000   52,455,000 12,185,000  
          deferred income taxes
        		 -11,242,000 -11,242,000   -12,861,000 -16,951,000  
          unrealized exchange losses
        		 1,777,000    -727,000 -5,310,000  
          unrealized fair value changes of investments
        		 39,520,000 39,520,000   275,597,000 112,119,000  
          loss on disposal of property and equipment
        		 3,125,000 3,125,000   386,000 0  
          loss from equity method investments
        		 8,021,000    98,375,000 17,631,000  
          impairments of long-term investments
        		 30,750,000 30,750,000   158,729,000 26,061,000  
          loss of convertible senior notes repurchase
        		        
          changes in operating assets and liabilities:
        		        
          accounts receivable
        		 215,351,000 215,351,000   -59,104,000 -72,510,000  
          amount due from related parties
        		 -16,071,000 -16,071,000   -32,664,000 17,890,000  
          prepayments and other assets
        		 182,570,000 182,570,000   -49,792,000 -517,441,000  
          other long-term assets
        		 -7,403,000 -7,403,000   17,905,000 -4,034,000  
          accounts payable
        		 181,410,000 181,410,000   -366,024,000 358,894,000  
          salary and welfare payable
        		 -398,911,000 -398,911,000   410,356,000 89,816,000  
          taxes payable
        		 -51,970,000 -51,970,000   62,955,000 55,449,000  
          deferred revenue
        		 46,375,000 46,375,000   -33,787,000 -14,623,000  
          accrued liabilities and other payables
        		 288,292,000 288,292,000   -477,141,000 130,306,000  
          amount due to related parties
        		 3,616,000 3,616,000   13,646,000   
          other long-term liabilities
        		 -32,219,000 -32,219,000   -5,701,000 100,655,000  
          cash flows from investing activities:
        		        
          purchase of property and equipment
        		 -35,699,000 -35,699,000   -44,055,000 -362,409,000  
          purchase of intangible assets
        		 -351,785,000 -351,785,000   -474,956,000 -705,807,000  
          purchase of short-term investments
        		 -15,219,419,000 -15,219,419,000   -7,085,000,000 -25,916,457,000  
          maturities of short-term investments
        		 14,026,436,000 14,026,436,000   8,612,313,000 20,351,760,000  
          cash paid for long-term investments including loans
        		 -292,000,000 -292,000,000   -45,384,000 -2,405,493,000  
          repayment of loans from investees
        		 13,000,000 13,000,000   41,180,000 5,100,000  
          cash received from disposal/return of long–term assets
        		 6,536,000 6,536,000      
          placements of time deposits
        		 -2,013,934,000 -2,013,934,000   -696,460,000 -4,114,877,000  
          maturities of time deposits
        		 1,660,348,000 1,660,348,000   7,647,437,000 927,027,000  
          cash flows from financing activities:
        		        
          proceeds of short-term loan
        		 900,000,000 900,000,000      
          repayment of short-term loan
        		 -651,000,000 -651,000,000      
          proceeds from exercise of employees’ share options
        		 2,258,000 2,258,000   1,000 1,000  
          repurchase of convertible senior notes
        		     -2,930,553,000   
          net decrease in cash and cash equivalents and restricted cash
        		 -646,532,000 -646,532,000      
          cash and cash equivalents and restricted cash at beginning of the period
        		 10,299,382,000 10,299,382,000      
          cash and cash equivalents and restricted cash at end of the period
        		 9,652,850,000 9,652,850,000      
          including:
        		        
          net income
        		  -10,677,000      
          adjustments to reconcile net income to net cash from operating activities:
        		        
          unrealized exchange (gains)/losses
        		  1,777,000      
          (gain)/income from equity method investments
        		  8,021,000      
          net cash provided by/(used in) investing activities
        		  -2,206,517,000      
          net cash (used in)/provided by financing activities
        		  251,258,000      
          allowance for/(reversal of) expected credit losses
        		        
          termination expenses of certain game projects
        		        
          gain from disposal of subsidiaries and long-term investments
        		        
          revaluation of previously held equity interests
        		     0 18,900,000  
          cash consideration paid for purchase of subsidiaries, net of cash acquired
        		      -291,214,000  
          loans and advances from investees
        		        
          cash received from disposal/return of long-term assets
        		        
          impact to cash resulting from deconsolidation of subsidiaries
        		     0   
          proceeds of short-term and long-term loans
        		        
          repayment of short-term loans
        		      0  
          purchase of noncontrolling interests
        		        
          proceeds from issuance of ordinary shares, net of issuance costs
        		        
          proceeds from issuance of convertible notes, net of issuance costs
        		        
          repurchase of shares
        		     0   
          net increase in cash and cash equivalents and restricted cash
        		       -517,411,000 
          cash and cash equivalents and restricted cash at beginning of the year
        		        
          cash and cash equivalents and restricted cash at end of the year
        		        
          cash and cash equivalents at end of the year
        		        
          restricted cash at end of the year
        		        
          supplemental disclosures of cash flows information:
        		        
          cash paid for income taxes, net of tax refund
        		        
          cash paid for interest expense
        		        
          supplemental schedule of non-cash investing and financing activities:
        		        
          property and equipment purchases financed by accounts payable
        		        
          acquisitions and investments financed by/(reduction of) payables
        		        
          intangible assets purchases financed by payables
        		        
          issuance of ordinary shares in connection with debt conversion
        		        
          net cash provided/(used in) by investing activities
        		        
          net decrease in cash, cash equivalents and restricted cash
        		        
          adjustments to reconcile net income to net cash (used in)/provided by operating activities:
        		        
          income from equity method investments
        		        
          gain of convertible senior notes repurchase
        		     -842,804,000   
          net cash (used in)/provided by operating activities
        		        
          net cash (used in)/provided by investing activities
        		        
          capital injections from noncontrolling interests
        		      147,000  
          proceeds from issuance of ordinary shares net of issuance costs
        		        
          proceeds from/(repurchase of) issuance of convertible senior notes, net of issuance costs of us23,402, nil and nil, respectively
        		        
          net cash provided by/(used in) financing activities
        		        
          net increase/(decrease) in cash and cash equivalents and restricted cash
        		        
          effect of exchange rate changes on cash, cash equivalents and restricted cash held in foreign currencies
        		    321,350,000    
          cash, cash equivalents and restricted cash at beginning of the year
        		    7,523,108,000    
          cash, cash equivalents and restricted cash at end of the year
        		    10,187,387,000    
          allowance for doubtful accounts
        		     20,066,000 85,757,000  
          cash consideration paid for purchase of subsidiaries; net of cash acquired
        		        
          repurchase of noncontrolling interests
        		        
          proceeds from issuance of ordinary shares, net of issuance costs of us563, hkd337,143 and nil, respectively
        		        
          proceeds from issuance of convertible senior notes, net of issuance costs of us13,857, us23,402 and nil, respectively
        		        
          accretion to redeemable noncontrolling interests
        		        
          acquisitions and investments financed by payables
        		        
          issuance of ordinary shares in the business combination, purchase of noncontrolling interests and investment addition
        		        
          gain on disposal of long-term investments and subsidiaries
        		        
          cash received from disposal/return of investments
        		        
          proceeds of short-term loans
        		      297,800,000  
          proceeds from issuance of ordinary shares, net of issuance costs of hkd 337,143
        		        
          effect of exchange rate changes on cash and cash equivalents held in foreign currencies
        		      -178,051,000  
          net increase in cash and cash equivalents
        		      -2,947,129,000  
          cash and cash equivalents at beginning of the period
        		        
          cash and cash equivalents at end of the period
        		        
          net cash from/(used in) operating activities
        		        
          impact to cash resulting from deconsolidation of a subsidiary
        		        
          proceeds from issuance of ordinary shares, net of issuance costs of us9,376, us563, and hkd337,143, respectively
        		        
          proceeds from issuance of convertible senior notes, net of issuance costs of us11,805, us13,857 and us23,402, respectively
        		        
          cash and cash equivalents at beginning of the year
        		        
          proceeds from issuance of ordinary shares, net of issuance costs of us563 and hkd337,143, respectively
        		        
          proceeds from issuance of convertible senior notes, net of issuance costs of us13,857
        		        
          unrealized fair value changes of short-term investments
        		        
          fair value changes of long-term investments
        		        
          cash received from disposal of long-term investments
        		        
          proceeds from issuance of ordinary shares, net of issuance costs of us6,333, us9,376 and us563, respectively
        		        
          proceeds from issuance of convertible senior notes, net of issuance costs of us11,805 and us13,857, respectively
        		        
          summary consolidated statements of cash flow data:
        		        
          cash and cash equivalents and restricted cash at beginning of the year/period
        		       4,962,660,000 
          cash and cash equivalents and restricted cash at end of the year/period
        		       4,445,249,000 
          amortization of the right-of-use assets
        		        
          loss from equity method investments, net of dividends received
        		        
          receivables due from related parties
        		        
          impact to cash resulting from deconsolidation of subsidiary
        		        
          repurchase of pre-ipo ordinary shares
        		        
          proceeds from issuance of ordinary shares, net of issuance costs of us6,333 and us9,376, respectively
        		        
          proceeds from issuance of pre-ipo series d1 preferred shares, net of nil issuance costs
        		        
          proceeds from issuance of pre-ipo series d2 preferred shares, net of nil issuance costs
        		        
          cash and cash equivalents of disposed business in connection with the spin-off transaction
        		        
          proceeds from issuance of convertible senior notes, net of issuance costs of us11,805
        		        
          restricted cash at beginning of the year
        		        
          accretion to pre-ipo preferred shares redemption value
        		        
          deemed dividend in connection with repurchase of pre-ipo preferred shares
        		        
          fixed assets purchases financed by accounts payable
        		        
          acquisitions and investments financed by accrued liabilities and other payables
        		        
          intangible assets purchases financed by accounts payable
        		        
          fair value changes of short-term investments
        		        
          fair value changes and re-measurement of long-term investments
        		        
          salary and welfare payables
        		        
          proceeds from maturities of short-term investments
        		        
          placement of time deposits
        		        
          maturity of time deposits
        		        
          proceeds from loans to investees
        		        
          repayment of loans to investees
        		        
          capital injection from/(repurchase of) minority shareholders
        		        
          repurchase of pre-ipo series a preferred shares
        		        
          repurchase of pre-ipo series a+ preferred shares
        		        
          proceeds from issuance of class z ordinary shares
        		        
          proceeds from issuance of pre-ipo series c1 preferred shares
        		        
          proceeds from issuance of pre-ipo series c2 preferred shares
        		        
          proceeds from issuance of pre-ipo series d1 preferred shares
        		        
          proceeds from issuance of pre-ipo series d2 preferred shares
        		        
          cash paid for interest expenses
        		        
          share options granted for acquisitions