Name | Value |
---|---|
Revenues | 583.6M |
Cost of Revenue | 379.0M |
Gross Profit | 204.6M |
Operating Expense | 202.1M |
Operating I/L | 2.5M |
Other Income/Expense | 32.2M |
Interest Income | 44.1M |
Pretax | 34.7M |
Income Tax Expense | 8.2M |
Net Income/Loss | 28.0M |
JOYY Inc. operates social media platforms including Bigo Live, Likee, Hago, and imo, offering live streaming, short-form video creation, casual gaming, and chat/instant messaging services. These platforms enable users to showcase talents, socialize, and connect globally. The company generates revenue through advertising, virtual gifting, premium subscriptions, and other in-app purchases. With a presence in multiple countries, JOYY Inc. leverages its diverse user base to attract advertisers and drive monetization through its engaging and interactive social media platforms.