Vertical Observer

The vertical-drama business, sourced

UPDATED 23 October 2026 216 REPORTS · 172 COMPANIES

Platform · China-domestic

Bilibili 短剧 (曦光计划)

Key facts

Operator / parent
Bilibili (NASDAQ: BILI / HKEX 9626)
Origin
China
Headquarters
Shanghai
Launched
June 2024
Category
Platform · China-domestic

Bilibili runs a small short-drama programme, 曦光计划, focused on anime and animated drama (漫剧). It co-produces titles at CNY 1-3m and monetises through in-app advertising and the platform's 充电 tipping system. The company says animated shorts generate more than CNY 10m a month through 充电, a narrow measure. Its niche is animation rather than live action.

Bilibili 短剧 (曦光计划) revenue and key figures

Reported revenue: animated shorts generate more than CNY 10m a month through 充电; a narrow measure (company, Bilibili)

MetricFigureBasisSource
Revenueanimated shorts generate more than CNY 10m a month through 充电; a narrow measurecompanyBilibili

Profile

Content
Anime and animated drama (漫剧) focus; co-productions of CNY 1-3m; in-app advertising and 充电 tipping.