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,…
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…