Huya Inc Stock Price, News & Analysis

On January 18, 2022, HUYA launched the "Protect Our Home Planet" Campaign in partnership with TRAFFIC, IFAW, and CWCA. This initiative aims to combat illegal wildlife trade and promote biodiversity.

Launched during the "HUYA Boom Night" gala in Macao, the Campaign will feature 100 live streaming episodes focused on wildlife conservation stories and themes. Additionally, Huya plans to host online art festivals for conservation awareness and establish a fund for anti-poaching efforts.

Huya aims to engage its 100,000 volunteers to promote wildlife protection laws and improve online wildlife crime reporting.

HUYA Inc. reported a 5.7% increase in total net revenues for Q3 2021, amounting to RMB2,975.5 million (US$461.8 million), compared to RMB2,814.8 million in Q3 2020. Net income rose to RMB524.4 million (US$81.4 million), up from RMB253.0 million in the prior year. However, non-GAAP net income dropped to RMB180.0 million (US$27.9 million) from RMB361.2 million. Average mobile MAUs grew 14.7% year-over-year to 85.1 million, but live streaming revenues fell by 2.1% to RMB2,601.9 million.

HUYA Inc. (NYSE: HUYA), a premier game live streaming platform in China, is set to announce its third quarter 2021 unaudited financial results on November 9, 2021, before U.S. market open. The company will host an earnings conference call at 7:00 a.m. ET on the same day. Interested participants must register online to receive access details. A live and archived webcast will be available on HUYA's investor relations website. The company continues to build a vibrant gaming community, partnering with e-sports organizers and game developers to enhance its streaming offerings.

HUYA Inc. has announced the resignation of Chief Financial Officer Catherine Xiaozheng Liu, effective September 8, 2021, due to personal reasons. The company appreciates her contributions in financial management and corporate governance. Ashley Xin Wu has been promoted to Vice President of Finance and will take over Liu's responsibilities in an acting capacity. Wu has been with Huya since 2017 and has a strong finance background. The transition aims to ensure continuity in financial leadership during this period.

HUYA Inc. has reported its second quarter financial results for 2021, showcasing a 9.8% increase in total net revenues to RMB2,962.4 million (US$458.8 million). Despite this growth, net income fell to RMB186.3 million (US$28.8 million), down from RMB206.8 million a year prior. Average mobile MAUs grew by 2.6% to 77.6 million, although paying users declined to 5.6 million from 6.2 million. The company aims to enhance its content ecosystem and user experience for future growth.

HUYA Inc. (NYSE: HUYA), a leading game live streaming platform in China, will report its second quarter 2021 unaudited financial results on August 17, 2021, before U.S. market open. An earnings conference call is scheduled for 7:00 a.m. U.S. Eastern Time on the same day. Interested participants must register online for call access. The call will also be available via a live and archived webcast on the company's investor relations website. HUYA continues to develop its platform, partnering with e-sports organizers and game developers to enhance user engagement.

HUYA Inc. announced the termination of its merger agreement with DouYu International Holdings Limited due to the State Administration for Market Regulation's discontinuation of the proposed merger. The merger was originally planned in October 2020. Following the termination, Huya's board canceled a previously announced cash dividend of $200 million. Both companies will comply with the regulatory requirements set forth by SAMR, and Huya continues to operate as a leading game live streaming platform in China.

HUYA Inc. has joined the Coalition to End Wildlife Trafficking Online, aiming to combat illegal wildlife trade through its livestreaming platform. This initiative coincided with World Environment Day on June 5, 2021. The Coalition, which includes major companies like Alibaba and Tencent, seeks to enhance online content review for wildlife protection. Huya will utilize AI and big data to identify and remove illegal wildlife content. The company has already conducted training for over 1,000 staff and plans to launch more wildlife conservation shows to raise public awareness.