Chinese video-sharing platform Bilibili restructures content units, bets on live streaming amid pressure to turn a profit

Chinese video-sharing platform Bilibili restructures content units, bets on live streaming amid pressure to turn a profit

The Star Online - Tech·2024-04-03 19:00

Chinese video-sharing platform Bilibili has restructured its content units and is doubling down on the live-streaming business, as the US and Hong Kong-listed company struggles to make a profit.

Bilibili recently revamped its major operations department and separated multiple live streaming-related units, forming a new live-streaming centre, while also ramping up commercialisation of its content creator and video gaming businesses, according to a report by Chinese media LatePost.

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