On the evening of June 1, Bilibili disclosed its first quarter 2023 financial results announcement.。Performance data show that in the first quarter, the total net turnover reached 5.1 billion yuan, an increase of 0.3%; gross profit of $1.1 billion, up 37% YoY; net loss of 6.300 million yuan, down 72% year-on-year。93.7 million daily active users, up 18%。On April 2, a "B station UP master initiated a stop and change tide" on the micro-blog hot search, a number of UP master publicly announced the suspension of updates。Most UP owners said that reduced platform revenue and difficulty balancing revenue and expenditure were the main reasons for the shutdown.。With UP master feedback, the reward mechanism of station B has been greatly adjusted this year。A piece of video content that doesn't differ much from last year's data may give creators only 1 / 3 or 1 / 2 of last year's revenue.。The platform revenue mentioned by the UP owner refers to the creative incentive program launched in 2018, which evaluates the value of video traffic based on data such as video playback, likes, coins, collections, etc., and gives the UP owner cash rewards in accordance with the rules.。In the Q1 post-performance phone conference, Chen Rui responded to the "stop more tide."。Chen Rui said: "This article is basically misleading."。First, he denied the mention of stop-and-frisk in the hot search.。He said that only three UP owners were mentioned in the article, but there are still millions of active UP owners on site B, and two of the three mentioned are still being updated.。

On March 30, Bilibili released its 2022 annual results announcement.。Financial data show that the company's total net turnover in 2022 was 21.9 billion yuan, compared with 19.4 billion yuan last year, up 13% year-on-year; net loss was 7.5 billion yuan, compared with 6.8 billion yuan in the same period last year, an increase of 10% year-on-year.。