HUYA (NYSE:HUYA) reported first-quarter net revenue growth as the company continued to shift its business mix beyond live streaming and into game-related services, advertising, game publishing and in-game item sales.
Acting CEO Vincent Junhong Huang said total net revenues rose 15% year over year t
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Key Takeaways: Huya’s revenue declined 16% in the second quarter, but income from its new game-related services more than doubled The company is trying to diversify its revenue in the face of a softening Chinese economy and low margins By Warren Yang
