Name | Value |
---|---|
Revenues | 569.8M |
Cost of Revenue | 368.4M |
Gross Profit | 201.5M |
Operating Expense | 199.4M |
Operating I/L | 2.1M |
Other Income/Expense | 43.1M |
Interest Income | 47.1M |
Pretax | 47.9M |
Income Tax Expense | 2.3M |
Net Income/Loss | 45.8M |
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.