Bilibili +5% as Citi sees 'meaningful' growth

Jan. 03, 2020 11:49 AM ETBilibili Inc. (BILI)BILIBy: Brandy Betz, SA News Editor3 Comments
  • Citi sees the potential for "meaningful user growth" for Bilibili (NASDAQ:BILI) from content that includes eSports and live streaming.
  • Analyst Hillman Chan calls BILI "one of the few China internet names that enjoys the luxury of spending all they can to drive user growth."
  • The firm reiterates its Buy rating on BILI. The company has a Very Bullish average Sell Side rating.
  • BILI shares are up 5.4% to $22.08.

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