Huya Inc Stock Price, News & Analysis

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.

HUYA Inc. reported financial results for Q1 2021, with net revenues rising by 8.0% to RMB2,604.8 million (US$397.6 million). Net income increased 8.4% to RMB185.5 million (US$28.3 million), and operating income saw a 21.6% rise to RMB162.1 million (US$24.7 million). Average monthly active users on mobile reached 75.5 million, while total paying users decreased slightly to 5.9 million. The company remains focused on expanding its content offerings and enhancing user engagement.

HUYA Inc. (NYSE: HUYA), a prominent game live streaming platform in China, will announce its first quarter 2021 unaudited financial results on May 18, 2021, before U.S. market opens. Management will host an earnings conference call at 7:00 a.m. ET on the same day, with registration required for participation. The call will also be available via live and archived webcasts on the investor relations website. HUYA continues to expand its platform by collaborating with e-sports organizers and game developers, enhancing its community engagement.

HUYA Inc., a leading game live streaming platform in China, has filed its annual report on Form 20-F for the fiscal year ended December 31, 2020, with the SEC on April 27, 2021. The report is accessible on the SEC's website and the Company's investor relations page. HUYA offers free hard copies of the report to its shareholders upon request. The company continues to grow its interactive community by collaborating with e-sports event organizers and game developers, showcasing a diverse range of entertainment content.

HUYA Inc. held its annual general meeting on April 13, 2021, where shareholders re-elected Mr. Tsang Wah Kwong as a director, effective immediately. This decision reflects the Company's commitment to maintaining strong leadership. As a leading game live streaming platform in China, HUYA continues to thrive by cooperating with e-sports organizers, game developers, and publishers.

HUYA has expanded its content offerings beyond gaming, creating an interactive community for China's youth.

HUYA Inc. reported strong financial results for Q4 and the fiscal year ending December 31, 2020. Total net revenues for Q4 rose 21.2% year-over-year to RMB2,990.3 million (US$458.3 million), driven by a 20.0% increase in live streaming revenues. Net income for Q4 surged 58.6% to RMB253.2 million (US$38.8 million). In FY 2020, total revenues climbed 30.3% to RMB10.9 billion (US$1.67 billion), with net income increasing by 88.9% to RMB884.2 million (US$135.5 million). Notably, mobile MAUs grew 29.1% to 79.5 million, enhancing user engagement amidst COVID-19 challenges.

HUYA Inc. (NYSE: HUYA), a leading game live streaming platform in China, announced its annual general meeting set for April 13, 2021, at 10:00 a.m. local time in Guangzhou. Shareholders on record by March 12, 2021, can participate and vote. The meeting's agenda includes the re-election of Mr. Tsang Wah Kwong as a director. The notice with meeting details is available on the Company's Investor Relations website and the SEC's website. Additionally, HUYA has filed its annual report with audited financial statements for the fiscal year ending December 31, 2019.