UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...

Exhibit 99.1 Bilibili Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial Results SHANGHAI, March 2, 2023 — Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022. Fourth Quarter and Fiscal Year 2022 Highlights: • Total net revenues were RMB6.1 billion (US$890.6 million) in the fourth quarter ...

Bilibili Inc. (NASDAQ:BILI) Q4 2022 Earnings Conference Call March 2, 2023 7:00 AM ET Company Participants Juliet Yang - Executive Director, Investor Relations Sam Fan - Chief Financial Officer Rui Chen - Chairman of the Board & Chief Executive Officer Carly Li - Vice Chairwoman of the Board & Chief Operating Officer Conference Call Participants Daniel Chen - JPMorgan Xueqing Zhang - CICC Yiwen Zhang - China Renaissance Lei Zhang - Bank of America Merrill Lynch Lincoln Kong - Goldman Sachs Operator Good day ...

Investor Presentation March 2023 ...

Bilibili Inc. (NASDAQ:BILI) Q2 2022 Results Conference Call September 8, 2022 8:00 AM ET Company Participants Juliet Yang - SD, IR Ni Li - VC of the Board of Directors, COO Rui Chen - Chairman of the Board, CEO Xin Fan - CFO Conference Call Participants Brian Gong - Citi Lei Zhang - Bank of America Daniel Chen - JP Morgan Xueqing Zhang - CICC Operator Good day, and welcome to Bilibili's Second Quarter 2022 Financial Results and Business Update Conference Call. Today's conference is being recorded. At this t ...

Exhibit 99.1 Bilibili Inc. Announces Second Quarter 2022 Financial Results SHANGHAI, September 8, 2022 — Bilibili Inc. ("Bilibili" or the "Company") (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Highlights: • Total net revenues reached RMB4.9 billion (US$732.9 million), a 9% increase from the same period in 2021. • Average monthly acti ...

انطاناتط 1 Investor Presentation June 2022 Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "confident," "potential," "continue," or other similar expressions. Among other things, the Effect ...

Bilibili Inc. (NASDAQ:BILI) Q1 2022 Earnings Conference Call June 9, 2022 8:00 AM ET Company Participants Juliet Yang - Executive Director of Investor Relations Xin Fan - Chief Financial Officer Rui Chen - Chairman of the Board & Chief Executive Officer Carly Li - Vice Chairwoman of the Board & Chief Operating Officer Conference Call Participants Lei Zhang - Bank of America Yiwen Zhang - China Renaissance Alex Yao - JPMorgan Alex Poon - Morgan Stanley Xueqing Zhang - CICC Operator Good day, and welcome to t ...

Exhibit 99.1 Bilibili Inc. Announces 2022 First Quarter Financial Results SHANGHAI, China, June 09, 2022 (GLOBE NEWSWIRE) – Bilibili Inc. ("Bilibili" or the "Company") (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2022. First Quarter 2022 Highlights: • Total net revenues reached RMB5,054.1 million (US$797.3 million), a 30% increase from the same period in 2021. ...

Financial Performance - Total revenues for Bilibili Inc. reached RMB 19,383,684 thousand for the year ended December 31, 2021, a significant increase compared to RMB 11,998,976 thousand in 2020, reflecting a growth of approximately 61.5%[31] - The net loss attributable to Bilibili Inc.'s shareholders was RMB 6,789,228 thousand for the year ended December 31, 2021, compared to a net loss of RMB 3,011,704 thousand in 2020, indicating an increase in losses of about 125.7%[31] - Total costs and expenses for Bilibili Inc. were RMB 25,812,758 thousand for the year ended December 31, 2021, up from RMB 15,139,939 thousand in 2020, marking an increase of about 70.5%[31] - The company reported a loss before income tax expenses of RMB 6,713,450 thousand for the year ended December 31, 2021, compared to a loss of RMB 3,000,648 thousand in 2020, indicating a deterioration of about 123.4%[31] - The company experienced a net loss of RMB 6,808,739 thousand for the year ended December 31, 2021, compared to a net loss of RMB 3,054,017 thousand in 2020, representing an increase of approximately 122.5%[31] Revenue Sources - Revenues contributed by the VIEs accounted for 97.2%, 86.0%, and 74.5% of total revenues for the years 2019, 2020, and 2021, respectively[15] - Third-party revenues from other subsidiaries amounted to RMB 2,903,818 thousand for the year ended December 31, 2021, compared to RMB 2,160,009 thousand in 2020, representing a growth of approximately 34.4%[31] - Revenue from Value-Added Services (VAS) increased from 24.2% in 2019 to 35.8% in 2021, indicating a growing reliance on this revenue stream[72] Costs and Expenses - Loss from subsidiaries and VIEs was RMB 6,713,764 thousand for the year ended December 31, 2021, compared to RMB 3,011,704 thousand in 2020, reflecting an increase of approximately 123.5%[31] - Content costs increased from RMB1,001.6 million in 2019 to RMB2,694.8 million (US$422.9 million) in 2021, reflecting a significant rise in expenses associated with acquiring or producing popular content[63] - The company incurred significant losses from operations amounting to RMB1,495.2 million in 2019, RMB3,141.0 million in 2020, and RMB6,429.1 million (US$1,008.9 million) in 2021, indicating a trend of increasing losses over the years[47] Cash Flow and Financing - The company reported a net cash used in operating activities of RMB (2,647,008) thousand for the year ended December 31, 2021[36] - The company reported a net cash provided by financing activities of RMB 30,389,152 thousand, highlighting strong financing efforts[36] - Bilibili Inc. raised RMB 19,288,423 thousand from the issuance of convertible senior notes, net of issuance costs[36] - The company issued US$500 million in convertible senior notes due 2026 with an interest rate of 1.375% per year[147] - In June 2020, the company issued US$800 million in convertible senior notes due 2027 with an interest rate of 1.25% per year[147] Regulatory Environment - The PRC government has indicated an intent to exert more oversight over overseas offerings, creating uncertainties for future capital raising activities[20] - The company faces risks related to compliance with PRC laws and regulations, which could impact its operational structure and financial performance[40] - The company is subject to significant competition in the video-based industry in China, competing for users, content providers, and advertisers[91] - The company must navigate the complexities of regulatory changes that may impact its ability to conduct offshore offerings and maintain its market position[212] User Engagement and Content - The business relies heavily on user-generated content, and any failure to attract and retain users could adversely affect its competitive position[39] - In 2021, 92.7% of total video views were from user-generated video content (PUGV), up from 91.4% in 2020, demonstrating a growing reliance on user-generated content[51] - The company faces challenges in attracting and retaining content creators, which is critical for expanding its content library and maintaining user engagement[49] Legal and Compliance Risks - The company is currently involved in approximately 210 lawsuits related to copyright infringement, which could divert resources and management attention[93] - The legal system in China may limit the effectiveness of enforcing contractual arrangements with VIEs, posing risks to operational control[182] - The company may incur substantial costs and resource diversion from litigation to enforce its intellectual property rights[100] Strategic Partnerships and Acquisitions - The company formed a strategic partnership with Riot Games in September 2020, acquiring a three-year exclusive license for live broadcasting League of Legends Esports events for an aggregate purchase price of RMB800 million (US$125.5 million)[63] - The company has made strategic acquisitions, including a controlling interest in Chaodian Inc. in July 2019 and the remaining interests in September 2020, which operates offline events and a talent agency[132] Market Expansion and Competition - The company anticipates further global market expansion, which may increase operational complexity and strain resources[77] - International expansion is a key growth strategy, but it presents challenges such as local market adaptation and brand recognition compared to the home market in China[170] - The company faces intense competition in the live broadcasting business, which may affect user retention and engagement[101] Technology and Security - The company has invested significant resources in developing and protecting its intellectual property, with potential risks from unauthorized use by third parties[99] - The company has experienced cyber-attacks and must continuously enhance its security measures to protect user data and maintain trust[61] - Compliance with PRC data security and personal information protection laws is becoming increasingly complex and costly, potentially impacting operational expenses[59]