Bilibili (哔哩哔哩)

China's largest anime streaming platform co-produces dozens of original donghua series annually and has become a major investor in Chinese animation studios, effectively shaping the entire industry. With over 300 million monthly active users, Bilibili's co-production output exceeds that of the typical Chinese platform rival by 50%, and it has funded more than 60 original donghua series in 2024 alone, outpacing #4 iQIYI Animation's 40 original projects in the same period.