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The Bamboo Works

Livestream Gamer DouYu Edges Ahead in Cost-cutting Battle

DouYu HUYA Ken Lo Tencent

Key Takeaways:

DouYu’s revenues fell by around 22% in the second quarter, but the company broke a six-season losing streak with an adjusted net profit of 23.50 million yuan
Huya’s revenue tumbled 23% in the same period, and it barely eked out an adjusted net profit after slashing costs

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