MAU churn, decrease in average revenue per paid user, what does Joyy Group rely on to achieve growth?
Joyy Group released its second quarter financial report for 2024. During the reporting period, Joyy Group achieved revenue of 0.5651 billion USD, a year-on-year growth of 3.3%. During the performance conference call, the group's executives stated that due to the continued strong growth of the advertising business, the BIGO sector is expected to achieve high single-digit revenue growth for the full year.
JOYY's Q2 Global Average Mobile MAUs 275.2M Compared To 275.6M YoY; Total Number Of Paying Users Of BIGO 1.66M, Compared To 1.53M YoY
JOYY Expects Q3 Net Revenues To Be Between $555M-$569M Vs. $575M Consensus
JOYY Beats Top-line and Bottom-line Estimates; Initiates Q3 Outlook
Here's the Major Earnings After the Close Today
JOYY Q2 2024 Earnings Preview
狙击手AMR : However, the dividend was paid on August 31