JOYY Reports First Quarter 2025 Financial Results: Non-Livestreaming Revenues Grew 25.3% Year over Year, Driven by Diversified Growth Strategy
- JOYY released its unaudited financial performance for Q1 2025, reporting global total revenues of US$494.4 million.
- This performance followed JOYY's multi-engine growth strategy, which focuses on expanding non-livestreaming businesses alongside its core livestreaming operations.
- Non-Livestreaming revenue rose 25.3% year-over-year to US$123.0 million, accounting for 24.9% of total revenues, driven by strong programmatic advertising growth.
- JOYY's GAAP operating profit reached US$12.2 million, marking a 244.5% year-over-year increase, while BIGO Ads revenue grew 27%, supported by AI-driven innovations in targeting and creative development.
- The findings indicate that JOYY's broad ecosystem and AI-driven platform enhance its market strengths and pave the way for its non-livestreaming segments to emerge as a key driver of future growth.
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JOYY Reports First Quarter 2025 Financial Results: Non-livestreaming Revenues Grew 25.3% year over year, Driven by Diversified Growth Strategy
SINGAPORE, May 26, 2025 /PRNewswire/ -- JOYY Inc. (NASDAQ: JOYY) ("JOYY" or the "Company"), a global leading technology company, announced its unaudited financial results for the first quarter of 2025.
JOYY Reports First Quarter 2025 Financial Results: Non-livestreaming Revenues Grew 25.3% year over year, Driven by Diversified Growth Strategy - JOYY (NASDAQ:JOYY)
SINGAPORE, May 26, 2025 /PRNewswire/ -- JOYY Inc. (NASDAQ:JOYY) ("JOYY" or the "Company"), a global leading technology company, announced its unaudited financial results for the first quarter of 2025. In the first quarter of 2025, JOYY's revenue reached US$494.4 million, with its non-livestreaming revenue reaching US$123.0 million, representing a year-over-year increase of 25.3%. Non-livestreaming revenues accounted for 24.9% of the Company's t…
SINGAPORE, May 27, 2025 /PRNewswire/ -- On May 27, 2025, Singapore time, Joyy Inc. (NASDAQ: JOYY, "Joyy" or the "Company"), a leading global technology and internet company, released its first quarter 2025 financial results. In the first quarter, Huya Group's revenue was US$494.4 million, of which non-live streaming revenue increased to US$123.0 million, a year-on-year increase of 25.3%, accounting for 24.9% of the company's total revenue. The …
JOYY Reports First Quarter 2025 Unaudited Financial Results
SINGAPORE, May 27, 2025 (GLOBE NEWSWIRE) — JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a global technology company, today announced its unaudited financial results for the first quarter of 2025. First Quarter 2025 Financial Highlights1 Net revenues were US$494.4 million, compared to US$564.6 million in the corresponding period of 2024. Net income from continuing […]
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