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Bilibili’s Profitability: The Disconnect Between Success and the Anime Community

Introduction:

Bilibili, China’s leading video-sharing platformknown for its vibrant anime and gaming community, recently announced record-breaking profits. However, a closer examination reveals a surprising truth: this financial success is largelydecoupled from the platform’s core user base, the 二次元 (èrcìyuán) – or two-dimensional – community of animeand manga enthusiasts. This article delves into the factors driving Bilibili’s profitability, highlighting the growing divergence between its financial engine and the interests of its original fanbase.

The Rise of Bilibili’s Diversified Revenue Streams:

While Bilibili started as a haven for anime fans, its business model has undergone a significant transformation. The platform’s profitability is no longer solely reliant on advertising revenue from anime content. Instead, a multifaceted revenue structure is fueling itsgrowth. This includes:

  • Mobile Games: Bilibili has aggressively invested in and developed its own mobile games, many of which are directly tied to popular anime and manga IPs. These games generate substantial revenue through in-app purchases and microtransactions, attracting a broader audience beyond the core anime community.


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