Huya Reports 170% Increase in Profits and 151M Average Monthly Active Users for Q1 2020

Chinese live streaming platform Huya reported its financial results for the first quarter of 2020. The company generated net revenues of ¥2.4B RMB ($338M USD) for the period ended March 31, which marks an increase of roughly 48% compared to ¥1.6B ($228.6M) in Q1 2019. Huya’s major source of revenues was its live streaming business, […]