diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index ddfa3e36c2..8032c17e87 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "0.11.1"
+  ".": "0.12.0"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1f4a180de5..be6f96454d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,18 @@
 
 All notable changes to this project will be documented in this file.
 
+## [0.12.0](https://github.com/GoogleChromeLabs/chromium-bidi/compare/chromium-bidi-v0.11.1...chromium-bidi-v0.12.0) (2025-01-03)
+
+
+### Features
+
+* provide proper network timings ([#2919](https://github.com/GoogleChromeLabs/chromium-bidi/issues/2919)) ([22e096b](https://github.com/GoogleChromeLabs/chromium-bidi/commit/22e096bf65d86137de66d71f2728f0d3036d0d66))
+
+
+### Bug Fixes
+
+* regression in serialization ([#2928](https://github.com/GoogleChromeLabs/chromium-bidi/issues/2928)) ([84f9983](https://github.com/GoogleChromeLabs/chromium-bidi/commit/84f99837c670d200e5ea5de9743e7fe17a54464e))
+
 ## [0.11.1](https://github.com/GoogleChromeLabs/chromium-bidi/compare/chromium-bidi-v0.11.0...chromium-bidi-v0.11.1) (2024-12-18)
 
 
diff --git a/package-lock.json b/package-lock.json
index 3432082374..4665c8be46 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "chromium-bidi",
-  "version": "0.11.1",
+  "version": "0.12.0",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "chromium-bidi",
-      "version": "0.11.1",
+      "version": "0.12.0",
       "license": "Apache-2.0",
       "dependencies": {
         "mitt": "3.0.1",
diff --git a/package.json b/package.json
index 9d513763a7..341ac4f971 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "chromium-bidi",
-  "version": "0.11.1",
+  "version": "0.12.0",
   "description": "An implementation of the WebDriver BiDi protocol for Chromium implemented as a JavaScript layer translating between BiDi and CDP, running inside a Chrome tab.",
   "scripts": {
     "build": "wireit",