Chinese Video Sharing Platform Bilibili User Base Rises Sharply But So Do Expenses

China based video-sharing platform Bilibili, Inc. reported third quarter earnings before the open Tuesday that highlighted surging user numbers but at a high cost. The bottom-line was negatively impacted by a 71% surge in operating expenses to RMB774 million (US$108 million). There was a 70% increase in the cost of revenue to RMB1.5 billion (US$211 million).