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1、JOYY Reports Third Quarter 2024 Unaudited Financial ResultsNovember 27,2024SINGAPORE,Nov.27,2024(GLOBE NEWSWIRE)-JOYY Inc.(NASDAQ:YY)(“JOYY”or the“Company”),a global technology company,todayannounced its unaudited financial results for the third quarter of 2024.Third Quarter 2024 Financial Highlight

2、s1Net revenues were US$558.7 million,compared to US$567.1 million in the corresponding period of 2023.Net income attributable to controlling interest of JOYY2 was US$60.6 million,compared to US$72.9 million in thecorresponding period of 2023.Non-GAAP net income attributable to controlling interest a

3、nd common shareholders of JOYY3 was US$61.2 million,compared to US$81.2 million in the corresponding period of 2023.Third Quarter 2024 Operational HighlightsAverage mobile MAUs of Bigo Live was 36.5 million,compared to 40.3 million in the corresponding period of 2023.Average mobile MAUs of Likee was

4、 33.9 million,compared to 41.0 million in the corresponding period of 2023,primarilydue to disciplined spending on user acquisition via advertisement.Average mobile MAUs of Hago was 4.3 million,compared to 5.0 million in the corresponding period of 2023,primarilydue to disciplined spending on user a

5、cquisition via advertisement.Global average mobile MAUs4 was 272.4 million,compared to 276.8 million in the corresponding period of 2023.Total number of paying users of BIGO(including Bigo Live,Likee and imo)5 was 1.62 million,compared to 1.61million in the corresponding period of 2023.Average reven

6、ue per paying user,or ARPPU,of BIGO(including Bigo Live,Likee and imo)6 was US$231.4,compared to US$253.4 in the corresponding period of 2023.Ms.Ting Li,Chairperson and Chief Executive Officer of JOYY,commented,“During the third quarter,we continued to execute effectively on ourstrategic priorities,