Category: DouYu

DouYu International Holdings Limited (NASDAQ: NASDAQ:) faced a challenging second quarter in 2024, with total net revenues decreasing by 25.9% year-over-year to RMB1.03 billion. The company, which specializes in game-centric live streaming, attributed the revenue decline to stiff competition from short video platforms and a downturn in the macroeconomic environment.…