JOYY(US:YY) Zheng Quan Ri Bao Wang·2025-05-27 06:04Group 1 - The core viewpoint of the news is that Guangzhou Huaduo Network Technology Co., Ltd. (Joyy Inc.) reported strong financial performance in Q1 2025, with significant revenue growth and profitability, indicating a robust development trend [1][2] - In Q1 2025, the company's revenue reached $494.4 million, with GAAP and non-GAAP operating profits of $12.2 million and $31 million, reflecting year-on-year growth of 244.5% and 24.9% respectively [1] - The company returned value to shareholders by distributing $49.1 million in dividends and repurchasing approximately $22.5 million in stock from January 1 to May 23, 2025 [1] Group 2 - The live streaming segment generated $371.3 million in revenue, with BIGO Live contributing $351.6 million, and the average viewing time per user for BigoLive increased by approximately 4% quarter-on-quarter [2] - Non-live revenue reached $123 million in Q1 2025, marking a year-on-year growth of 25.3% and accounting for 24.9% of total revenue, with BIGOAds advertising business growing by about 27% [2][3] - The company is leveraging AI to enhance advertising effectiveness, which has led to a continuous increase in both advertisers and developers, driving the rapid growth of the BIGOAds platform [3]