Bilibili (BILI.US) shares rose more than 5% on Wednesday, trading at $22.62. The catalyst for the move was the company's announcement that on May 13th, the daily VT (viewing time) for its video podcast content surpassed 100 million minutes, setting a new single-day record for this category on the platform. Bilibili stated that since the launch of its "Video Podcast Breakthrough Plan" in July last year, a number of high-quality video podcast series and creators have emerged, driving rapid growth in the category.
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