BEIJING, May 13 (TMTPOST)— Bilibili’s US-listed shares erased more than 6% rally in the morning session and slumped as much as 10% on Thursday, even though the Chinese leading video streaming platform posted its record quarterly revenue and active users earlier that day. In the first quarter of 2020, Bilibili’s revenue increased 68% to RMB3.9 billion (US$600 million) from a year earlier, beating the consensus estimate of RMB3.78 billion. The monthly active users (MAUs) were 223.2 million, first topping 200 million in its history, and the mobile MAUs hit 208.5 million, with 33% of year-on-year increase. It had a record average daily video plays of 1.6 billion and its average monthly paying users also set a record of 20.5 million, rising 47% and 53% from the same period of 2020 respectively. Bilibili said it has become the top choice for the so-called Generation Z, namely users who were born during the year 1985 to 2009.