BRIEF: Huya’s revenue, profit fall as user base keeps shrinking
Livestream gaming platform Huya Inc. (HUYA.US) reportedon Tuesday its revenue fell 7.6% year-on-year to 1.54 billion yuan ($219.1 million) in the third quarter. Revenue from its newer game-related services, advertising,…
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…
DouYu: A headless fighting fish swimming against the tide
The livestreaming game operator’s revenue fell 30% in the first quarter, accelerating from a 23% decline the previous quarter, as its chairman remains missing amid a criminal investigation Key Takeaways:…
Joyy stuck with unwanted China business after $3.6 billion Baidu sale collapses
The livestreaming company may be forced to find a new buyer for its Chinese business at a far lower price after its sale to Baidu announced in 2020 failed to…
Out with the old… Tencent sells app store to Huya
Weeks after offloading its animation business, Tencent has sold its overseas app store to the livestream gaming platform Huya Key Takeaways: Huya is looking to use the APKpure acquisition to…
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