JOYY(US:YY)2020-09-11 17:22Company Overview - Joyy operates a dual-engine growth strategy combining short-form video with live streaming to fulfill strong social demand from global users[5] - The company's portfolio includes Bigo Live, Likee, HAGO, and YY Live[17] - Bigo Live has exciting social features and prevalent user participation, with 14% of users hosting live streaming sessions every single day in 2Q20[25] - Likee is an interactive community empowered by advanced algorithms and driven by enriched UGC[30] - HAGO is a leading casual-game-oriented social platform in SEA, SA, LA and beyond, expecting breakeven in key markets in 2020[35] - YY Live is a leader in the Chinese live streaming industry, cultivating an immersive and sticky community[37] Technology and AI - The company is enhancing AI capabilities on all fronts, including content creation & understanding, content recommendation, automated product testing, and AI-driven tech team management[42, 43, 44] - The company has 457 million MAUs with high engagement[46] Financial Performance - Bigo segment contributed significantly greater portions of net revenues in 2Q20[58] - The company has strong cash generating capabilities, with total cash of RMB 193604 million as of June 30, 2020[67]