- New quarterly results from top gaming livestreamers Huya Inc. and DouYu International Holdings are a sea of red ink, with nearly all major metrics shrinking in the 3-month period.
- Platforms will be banned from displaying rankings of the biggest tippers, again targeting a young group of users that has a very limited concept of money and who like to compete over who can tip the most.
- Like many of China’s other Internet companies, Huya and DouYu were once Internet superstars that rose to prominence on the back of live broadcasting that has become all the rage in China.
For further details see:
Huya, DouYu Flounder In First Quarter, With Worse To Come