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YY - Livestream Tipping Clampdown: Bad For The Big Boys But Worse For Small Fries
JOYY Inc.
Newly announced rules will ban minors from tipping their favorite livestreaming hosts and outlaw tip rankings.
Big platforms like Kuaishou have more balanced tipping structures and diverse revenues, meaning they could suffer less from the new policy than smaller rivals.
All the industry ups and downs of the past two years have taken a toll on companies’ stocks, many now trading near all-time lows.