Huya claws its way back to profits, but growth remains elusive
The operator of China’s top livestreaming gaming platform reported a profit in the first quarter on cost cuts, even as its revenue and paid user bases continued contracting Key Takeaways:…
HUYA.US
Livestream Gamer DouYu Edges Ahead in Cost-cutting Battle
China’s livestream gaming industry is on a cost-cutting drive as tighter regulation bites into business, with platform giant DouYu making faster headway than its rival Huya Key Takeaways: DouYu’s revenues…
Is Tencent Past the Worst as Government Sends Easing Signals?
After reporting disappointing quarterly results, gaming giant could get help as government signals plans to relax recent regulatory wave Key Takeaways: Tencent reported its first quarter profit fell 22.9%, but…
Huya, DouYu Flounder in First Quarter, With Worse to Come
Livestream gaming platforms reported losses and contracting revenue in first quarter, and warned of tough times ahead after announcement of new restrictions last week Key Takeaways: Huya and DouYu, which…
Mass Layoffs at ‘China’s Instagram’: Tough Times or Primping for IPO?
Xiaohongshu confirms cutting 9% of its staff amid similar layoffs at other big internet companies. But some suspect the move may be aimed at improving its financials for an IPO…
FAST NEWS: DouYu Surges After Reporting Return to Revenue Growth
The latest: Game-centric livestreaming platform DouYu Holdings Ltd. (DOYU.US) reported its revenue rose 2.6% year-on-year to 2.3 billion yuan ($362 million) in the fourth quarter of 2021. Its net loss…
Fallen Ex-unicorn DouYu Set for Delisting to Move Under Tencent’s Wing?
Tencent could provide a huge new content pool to help DouYu diversify from its core livestream gaming business Key Takeaways • 90% drop in DouYu shares over past 12 months…
