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HUYA Top1 chine game stock

4 Posts
| Omlaag ↓
  1. IMILLIONAIR 2 januari 2020 15:59

    Huya is often called the "Twitch of China" since it's the country's largest video game streaming platform. Its monthly active users (MAUs) grew 48% year-over-year to 146.1 million last quarter. Its mobile MAUs climbed 29% to 63.8 million, and its total paying users rose 29% to 5.3 million.

    Huya generated 95% of its revenue by selling virtual gifts on its live-streaming platform last quarter. Viewers buy those items as "tips" for their favorite broadcasters. The remaining 5% of its revenue came from online ads.

    Huya was spun off from the larger video streaming company YY last year. It's been consistently profitable, by both GAAP and non-GAAP measures, over the past year, while its main rival DouYu International remains in the red. Tencent, the world's largest gaming publisher, is a major investor in both Huya and DouYu.
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