The income contribution from non-live-streaming business has increased. Joyy Group: BIGO's profit is expected to stabilize and grow next year | Directly addressing the earnings conference.

①Due to the active optimization of content costs and advertising strategy, Joyy Group's Q3 operating profit increased compared to the previous quarter, with a greater contribution from non-live streaming business; ②At today's performance conference call, Joyy executives stated that BIGO's profit is expected to stabilize and grow next year.

cls.cn03:31 ET

Zhihu is looking for the optimal solution between AI and profit

wallstreetcn01:23 ET

JOYY Q3 2024 Adj. EPADS $1.07 Beats $0.94 Estimate, Sales $558.700M Miss $561.600M Estimate

Benzinga01:00 ET

Joyy Group: Operating profit in the third quarter of 2024 was $34.9 million, an increase of 16.4% compared to the previous quarter.

36kr holdings learned that joyy group released its financial report for the third quarter of 2024. In the third quarter, the group's revenue was 0.5587 billion usd; under non-usa general accounting standards, the group's operating profit was 34.9 million usd, a quarter-on-quarter increase of 16.4%; net profit reached 61.2 million usd, with a net margin of 10.9%. In the third quarter, joyy group continued to repurchase 3.43 million ADS shares, totaling approximately 0.1178 billion usd.

36Kr23:30 ET

Cheche Group: In the third quarter, electric vehicle insurance premiums increased by 121.6% year-on-year.

36kr holdings learned that Cheche Group released its unaudited financial performance report for the third quarter of 2024. The financial report shows that the company's net revenue reached 0.85 billion yuan, a year-on-year increase of 3.3%; net income was 4.1 million yuan, with adjusted net income of 2.6 million yuan. In terms of operational performance, the company's total number of policies reached 4.2 million, a 5% increase year-on-year, with a total premium size of 5.9 billion yuan, a 4% increase year-on-year. Among them, the number of new energy autos policies increased to 0.292 million, a 149.6% increase year-on-year, and the premium for new energy autos insurance reached 0.88 billion yuan, a 121.6% increase year-on-year.

36Kr22:14 ET

Joyy Group's Q3 financial report for year 24: Revenue of 0.559 billion US dollars, Non-GAAP operating profit of 34.9 million US dollars.

Sina Technology21:59 ET