Shrinking DouYu emerges as leaner and meaner ‘fighting fish’
The livestream gaming company reported its third consecutive profit in the second quarter after slashing costs by 40% to offset a 24% revenue decline Key Takeaways: DouYu’s revenue fell 24%…
DOYU.US
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
VSPO’s New Saudi Funding: A Warm-Up for Big-League IPO?
A year after filing for a Hong Kong IPO, which it later abandoned, China’s largest e-sports operator is receiving a $265 million investment from a Saudi Arabian wealth fundKey Takeaways:Leading…