Category: <span>joyy</span>

Bigo Live remains bright spot for Joyy even as net losses widen

Bigo generated US$29.1 million in operating income for the quarter, offsetting the US$130.1 million in operating losses from Joyy’s other…

Joyy reported US$578 million in revenue for the last quarter of 2020, but this excludes YY Live, which was sold…

The move would allow the Chinese firms to expand their investor base as they face possible delistings in the US…

This year, Chinese tech giants were embroiled in widening supervision at home and abroad, while some sectors became the “winners”…

Explaining the potential and strategy behind Grab Defence plus the rise of telehealth in Asia Pacific Source link

Zhuang Minghao, vice president at Matrix Partners China, says the bombshell report makes two “fatal” mistakes in its logic. Source…

Sean Ma said that Muddy Waters’ reports have been “very poor” in the past few years. Source link

After the report was released on November 18, Joyy’s stocked dropped US$26.53 per share to close at US$73.66. Source link

The company said it is open to cash verification and diligence to be conducted by competent third-party advisers. Source link

The report comes shortly after Baidu agreed to acquire YY Live in a US$3.6 billion deal. Source link