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1、JOYY Reports Second Quarter 2024 Unaudited Financial ResultsAugust 27,2024SINGAPORE,Aug.28,2024(GLOBE NEWSWIRE)-JOYY Inc.(NASDAQ:YY)(“JOYY”or the“Company”),a global technology company,todayannounced its unaudited financial results for the second quarter of 2024.Second Quarter 2024 Financial Highligh

2、ts1Net revenues were US$565.1 million,compared to US$547.3 million in the corresponding period of 2023.Net income attributable to controlling interest of JOYY2 was US$52.1 million,compared to US$155.1 million in thecorresponding period of 2023.Non-GAAP net income attributable to controlling interest

3、 and common shareholders of JOYY3 was US$74.0 million,compared to US$97.3 million in the corresponding period of 2023.Second Quarter 2024 Operational HighlightsAverage mobile MAUs of Bigo Live was 37.7 million,compared to 38.5 million in the corresponding period of 2023.Average mobile MAUs of Likee

4、was 35.6 million,compared to 43.2 million in the corresponding period of 2023,primarilydue to disciplined spending on user acquisition via advertisement.Average mobile MAUs of Hago was 4.4 million,compared to 5.5 million in the corresponding period of 2023,primarilydue to disciplined spending on use

5、r acquisition via advertisement.Global average mobile MAUs4 was 275.2 million,compared to 275.6 million in the corresponding period of 2023.Total number of paying users of BIGO(including Bigo Live,Likee and imo)5 was 1.66 million,compared to 1.53million in the corresponding period of 2023.Average re

6、venue per paying user of BIGO(including Bigo Live,Likee and imo)6 was US$233.5,compared toUS$248.0 in the corresponding period of 2023.Ms.Ting Li,Chairperson and Chief Executive Officer of JOYY,commented,“In the second quarter,we continued to build on our growth momentum,delivering solid results.BIG