JOYY’s First-quarter Net Profit plunged 87.60%, with R&D and Marketing Spending Reaching 1.761 billion
Author: HeLiang Compile: value Source: GPLP Since the popularity of live-streaming in 2020, JOYY Inc. (JOYY) has turned in a report with a sharp decline in net profit. On May 21, JOYY released an unaudited financial report for the first quarter of fiscal year 2020, reporting a revenue of 7.149 billion yuan, up 49.53% year Read more about JOYY’s First-quarter Net Profit plunged 87.60%, with R&D and Marketing Spending Reaching 1.761 billion[…]