RARE PHOTOS: Douyu | Vintage Vibes

DouYu International Holdings Limited (NASDAQ:DOYU)  reported a first-quarter FY22 revenue decline of 16.6% to $283.3 million year-on-year, beating the consensus of $253.2 million. HUYA Inc (NYSE:HUYA) revenue missed the Q1 consensus amid China's live streaming crackdown and COVID resurgence. Segments: DouYu's Livestreaming revenues decreased by 13.6% Y/Y to $272.5 million due to prudent operating strategies in anticipation…

Key takeaways: Xiaohongshu’s recent major layoffs could reflect a tough advertising market, even as it framed the move as normal workforce turnover Others reportedly laying off large numbers of workers include top livestream gaming platforms Huya and DouYu, whose planned merger was nixed by regulators last year

China said on Friday the livestreaming of unauthorized video games was banned, signalling stricter enforcement of rules as part of its broad crackdown on the gaming industry aimed at purging content the government does not approve of. The National Radio and Television Administration said platforms of all kinds must not…

DouYu International Holdings Ltd (NASDAQ:DOYU)  reported a fourth-quarter FY21 revenue growth of 2.6% to $365.3 million year-on-year, beating the consensus of $354.9 million. Segments: DouYu's Live streaming revenue increased by 6.7% Y/Y to $346.7 million due to organic growth in average revenues per paying user. Advertising and other revenues declined 40.3% Y/Y to $18.6…