Douyu International Holdings Stock Price, News & Analysis

DouYu (DOYU) reported its Q4 and full year 2024 financial results, showing declining performance across key metrics. Q4 total net revenues decreased 12.3% to RMB1,136.0 million (US$155.6 million), with livestreaming revenues down 28.4%. The company posted a Q4 net loss of RMB163.7 million (US$22.4 million).

For full year 2024, total revenues fell to RMB4,270.8 million from RMB5,530.4 million in 2023. The company's innovative business segment showed growth, increasing 63.6% to RMB1.2 billion and representing 28% of total revenues. Average mobile MAUs in Q4 2024 were 44.5 million, down from 51.7 million year-over-year, while quarterly average paying users decreased to 3.3 million from 3.7 million.

Management announced plans to optimize cost structure and declared a second US$300 million special cash dividend in January 2025. The company ended 2024 with RMB4,467.8 million in cash and equivalents.

DouYu (Nasdaq: DOYU), a leading game-centric live streaming platform in China and pioneer in the eSports value chain, has scheduled the release of its unaudited financial results for Q4 and full year 2024. The results will be announced before U.S. market opens on March 14, 2025.

The company will host a conference call on the same day at 7:00 a.m. Eastern Time (7:00 p.m. Beijing Time) to discuss the financial results. The earnings release and webcast will be accessible through the company's investor relations website, with replay available until March 21, 2025.

DouYu International Holdings (Nasdaq: DOYU) has announced key dates for its previously declared special cash dividend. The company will distribute US$9.94 per ordinary share or ADS, minus a US$0.05 ADS handling fee. The ex-dividend date is set for February 21, 2025, following the payment date of February 20, 2025, with a record date of February 10, 2025.

Due to the dividend exceeding 25% of the company's ADS price, Nasdaq will implement due bill procedures. This means trades executed before February 21, 2025, but settled after February 10, 2025, will include entitlement to the dividend. Buyers during this period will receive the dividend, while sellers will not, regardless of settlement timing. Purchases made on or after February 21, 2025, will not qualify for the dividend.

DouYu International Holdings (Nasdaq: DOYU) has announced two significant developments: the appointment of Ms. Simin Ren as Co-CEO and the declaration of a special cash dividend. The appointment, effective January 16, 2025, follows a transition period under an interim management committee since November 2023.

The company declared a special cash dividend of US$9.94 per ordinary share/ADS, with a total payout of approximately US$300 million. Shareholders of record as of February 10, 2025, will receive payments around February 20, 2025, through JPMorgan Chase Bank for ADS holders.

The new Co-CEO emphasized the company's commitment to shareholder value and indicated ongoing efforts to improve operational efficiency amid challenging macroeconomic conditions.

DouYu International Holdings (NASDAQ: DOYU) reported Q3 2024 financial results showing a decline in key metrics. Total net revenues decreased 21.8% to RMB1,063.1 million (US$151.5 million). Livestreaming revenues fell 34.7% to RMB752.1 million, while innovative business revenues increased 49.4% to RMB311.0 million. The company posted a net income of RMB3.4 million, down from RMB76.4 million in Q3 2023. Average mobile MAUs decreased to 42.1 million from 51.7 million, and quarterly average paying users declined to 3.4 million from 3.9 million. The company completed its US$20 million share repurchase program.

DouYu International Holdings (Nasdaq: DOYU), a leading game-centric live streaming platform in China, announced it will release its unaudited financial results for the third quarter 2024 before the U.S. market opens on November 20, 2024. The company will hold a conference call on the same day at 6:00 a.m. Eastern Time to discuss the results. The earnings release will be available on the company's investor relations website, and both live and archived webcasts of the conference call will be accessible through the same platform.

DouYu International Holdings (Nasdaq: DOYU) reported its Q2 2024 financial results. Key highlights include:

- Total net revenues decreased 25.9% YoY to RMB1,032.0 million (US$142.0 million)
- Gross profit declined to RMB84.2 million (US$11.6 million)
- Net loss of RMB49.2 million (US$6.8 million)
- Average mobile MAUs decreased to 44.1 million
- Quarterly average paying users dropped to 3.4 million

Despite challenges, DouYu saw growth in innovative business, advertising, and other revenues, which increased 80.7% YoY to RMB242.0 million. The company completed its US$20 million share repurchase program and announced a US$300 million special cash dividend in July 2024.

DouYu International Holdings (Nasdaq: DOYU), a leading game-centric live streaming platform in China, has announced it will release its unaudited financial results for the second quarter 2024 on September 12, 2024, before the U.S. market opens. The company will hold a conference call on the same day at 7:00 a.m. Eastern Time to discuss the financial results. Investors and interested parties can access the call through various international and toll-free numbers. A live and archived webcast of the conference call will be available on DouYu's investor relations website. The earnings release will also be accessible on the company's investor relations website.

LightInTheBox Holding Co., (NYSE: LITB), an apparel e-commerce retailer, has announced the appointment of Mr. Zhi Yan as a director and chairman of the Board, effective August 26, 2024. Mr. Yan replaces Mr. Jian He as chairman, who will remain a director and CEO. Mr. Yan previously served as a director from 2016 to 2023 and brings extensive experience in various industries, including commercial property, finance, and e-commerce.

Mr. Yan is the founder, CEO, and chairman of Zall Smart Commerce Group (HKSE: 2098) and holds leadership positions in other companies. He has a master's degree in business administration and a doctorate in Chinese History. Notably, Mr. Yan's daughter, Dr. Ge Yan, also serves as a Board director at LightInTheBox.