The Latest Breaking News from HUYA

DouYu International Holdings Limited (NASDAQ:DOYU)  reported a first-quarter FY22 revenue decline of 16.6% to $283.3 million year-on-year, beating the consensus of $253.2 million. HUYA Inc (NYSE:HUYA) revenue missed the Q1 consensus amid China's live streaming crackdown and COVID resurgence. Segments: DouYu's Livestreaming revenues decreased by 13.6% Y/Y to $272.5 million due to prudent operating strategies in anticipation…

HUYA Inc (NYSE:HUYA) reported a first-quarter FY22 revenue decline of 5.4% year-on-year to $388.8 million, missing the consensus of $435.6 million. Segments: HUYA's Live streaming revenues declined by 10.1% Y/Y to $339.4 million due to lower average spending per paying user on Huya Live. HUYA's advertising and other revenues rose 47.2% Y/Y to $49.4…

HUYA (NYSE:HUYA) is set to give its latest quarterly earnings report on Tuesday, 2022-05-17. Here's what investors need to know before the announcement. Analysts estimate that HUYA will report an earnings per share (EPS) of $0.01.

Huya plan to cut 70% of their 200-person international arm, and 20% of the rest of their business. Douya will be cutting 30% of staff company-wide.

Key takeaways: Xiaohongshu’s recent major layoffs could reflect a tough advertising market, even as it framed the move as normal workforce turnover Others reportedly laying off large numbers of workers include top livestream gaming platforms Huya and DouYu, whose planned merger was nixed by regulators last year

China said on Friday the livestreaming of unauthorized video games was banned, signalling stricter enforcement of rules as part of its broad crackdown on the gaming industry aimed at purging content the government does not approve of. The National Radio and Television Administration said platforms of all kinds must not…

Tencent Holdings Ltd (OTC:TCEHY) looks to shut down its game streaming service citing a shift in its business strategy, Bloomberg reports. The streaming platform, called Penguin Esports, will terminate all services on June 7 after having already suspended new user registrations and in-app purchases. Tencent looks to compensate users by giving away…

China drafted new regulations to cap internet users' daily monetary spending on digital tipping as a part of a renewed crackdown on the $30 billion live-streaming industry, the Wall Street Journal reports. China also looked to set a daily limit on live-streamers earnings and tighter censorship over the content. The report…

  HUYA (NYSE:HUYA) reported its Q4 earnings results on Tuesday, March 22, 2022 at 05:00 AM. Here's what investors need to know about the announcement.

HUYA Inc (NYSE:HUYA) reported a fourth-quarter FY21 revenue decline of 6.1% year-on-year to $440.75 million, beating the consensus of $440.32 million. Segments: HUYA's Live streaming revenues declined by 7.2% Y/Y to $410.02 million due to lower average spending per paying user on Huya Live. HUYA's advertising and other revenues rose 11.6% Y/Y to $30.73…

HUYA (NYSE:HUYA) is set to give its latest quarterly earnings report on Tuesday, 2022-03-22. Here's what investors need to know before the announcement. Analysts estimate that HUYA will report an earnings per share (EPS) of $-0.24.