27 March 2026 | 12:46AM HKT Equity Research Bilibili Inc. (BILI): Internet Trip Takeaways: Healthy engagement over competition and AI impact; Strong ads and enhanced game pipeline We hosted Bilibili Investor Relations team on Mar 25 in Shanghai as part of our China Internet Trip. Key investor focuses/topics discussed include: 1) Healthy community and user ecosystem with relative immunity to ByteDance disruption and AI challenges, driven by Bili's focus on differentiated high‑quality lengthy content which co ...