For families across China, watching the latest installment in Chen’s “Detective Chinatown” series is fast becoming a Lunar New Year tradition. In February 2021, “Detective Chinatown 3” broke the world record for the highest ever first-day gross in a single market thanks to the Chinese New Year holiday, earning a massive $163 million that beat out “Avengers: Endgame’s” opening day in 2019. It’s all great news for Chen, who is now at work on a hotly anticipated fourth installment set...
Bilibili
Chen
Rui
Chairman / CEO
Bilibili began as a niche streamer, home to fans of anime, comics and games. But with entrepreneur Chen at the helm, it has become ever more mainstream and one of China’s fastest-growing platforms — it’s often likened to YouTube — with some 237 monthly active users. In March, he steered the NASDAQ-listed company through a secondary Hong Kong listing that raised $2.6 billion. Although its stock has since been hammered by China’s unprecedented regulatory crackdown on the tech sector, the company is forging ahead with plans to grow by co-investing in new content appealing to its immense Gen Z audience. This year, that has included Chinese New Year animation “New Gods: Nezha Reborn,” “White Snake 2: Green Snake” and high school musical “The Day We Lit Up the Sky.”