Huya is a company that does live streaming of video games. Recently, they have started selling other things like ads and in-game items, to make more money. In the last 3 months, they earned less money than before, but the new things they are selling are growing very fast. The people who give them money, like viewers of the games, are very happy with their progress. The company is giving some of its money back to the people who own part of the company, as a reward for their patience. The goal of Huya is to grow and make more money with the new things they are selling, and be successful in the future. Read from source...
none
### Benzinga:
Benzinga's report discussed Huya's Q2 financial results, its new game-related services, the Chinese gaming sector, the company's low-margin business, its special cash dividend, its financial profile compared to rival DouYu, and its challenges and opportunities. The article concluded that Huya needs to show it can continue to expand its new business while still maintaining revenue from its main streaming services and generating profits at higher levels. The article also noted that Huya's financial profile is similar to that of DouYu, but investors are more optimistic about Huya due to its early success in diversifying its services.
Get the latest market news and expert opinions on Benzinga. Access to real-time data, quotes, and financial reports to help you make smart investment decisions. Join our community of investors and traders today!