Communication Aug 10, 2020 11:32 AM (GMT+8) · EqualOcean
Douyu’s revenue for the second quarter was CNY 2.5082 billion, an increase of 34% year-on-year; the quarter’s net profit was CNY 322.9 million, which was 514% year-on-year. According to Douyu, the platform revenue and profit growth are mainly driven by multiple factors such as the number of paying users, the increase in payment per user, and the increase in brand influence.