News Summary:
Bilibili reported an adjusted net income of 0.236 billion yuan for the third quarter of 2024, a significant turnaround from a net loss of 0.863 billion yuan in the same period last year, with total net revenue reaching 7.306 billion yuan, a 26% year-on-year increase. Previously, on September 30, Bilibili's Index LLM team open-sourced the multilingual translation model family, Index-Translate. Built on Qwen3.5, the model supports 150 languages, offering capabilities for subtitle dubbing, syllable-controlled, and long-document translation, with 2B/9B/35B-A3B text model weights available on Hugging Face and ModelScope. This followed K-Pop group RESCENE's celebration on September 29, receiving Bilibili’s “UP Creator Fan Achievement Award: 100000 Followers Medal” with an unboxing livestream featuring all five members on their official Bilibili account. Earlier, on September 25, Bilibili published a circular and notice for an Extraordinary General Meeting (EGM) scheduled for October 28, 2026, where shareholders will vote on proposed items. The company also furnished its interim report for the first six months of the fiscal year ending December 31, 2026, with U.S. and Hong Kong regulators on September 24.
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