Tuesday, 12 January 2021 03:39

Bilibili Pay Is on the Way

Bilibili (NASDAQ: BILI), also nicknamed B Site, is a video sharing website based in Shanghai with over 180 million registered users, mostly consisting of the younger generation in China.

Bilibili appears to be preparing to enter the payment business in China, with Shanghai Huandian Information Technology Co., Ltd., an affiliate of B Site, completing the filing of domain names such as "bilibilipay.com" and "bilibilipay.cn". Additionally, recruitment websites indicate that B Site has been filling payment business-related job positions since November last year.

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