Huya finds new growth formula by monetizing games, not just streams
The company is starting to monetize its gaming ecosystem through game publishing, selling in-game items and providing other related services Key Takeaways: Huya’s latest results show its long-promised shift beyond…
BRIEF: DouYu returns to revenue growth, profits
Livestream gaming company DouYu International Holdings Ltd. (DOYU.US) on Monday reported its first quarterly revenue growth in more than three years, as its business stabilized after a difficult period for many Chinese…
DouYu swims away from livestreaming in search of fresher waters
The company’s stock jumped 17% after it reported strong progress in moving beyond its legacy livestream gaming business, even as its quarterly loss swelled Key Takeaways: DouYu’s fourth-quarter revenue sank…
NEWS WRAP: DouYu names new CEO, declares massive dividend to entice investors
The livestream gaming platform unveiled new leadership more than a year after the arrest of its CEO, in a bid to overcome challenges on multiple fronts By Teri Yu Online…
Is DouYu swimming towards being acquired?
The livestreamer’s business continued to deteriorate in the second quarter, as it remained without long-term leadership after the arrest of its chairman and CEO last year Key Takeaways: DouYu’s revenue…
Huya’s fledgling diversification drive shows early promise
The operator of a livestreaming gaming platform said revenue from its new services launched just a year ago accounted for 20% of its total in the second quarter Key Takeaways:…
FAST NEWS: DouYu Shares surge on special dividend plan
The Latest: Livestreaming game platform DouYu Holdings Ltd. (DOYU.US) on Wednesday announced a special cash dividend of $9.76 per share, to shareholders of record of ordinary shares and American Depositary…