U.S. stock market anomaly | JOYY.US rises nearly 5%, second quarter non-live business revenue increases by 25.6% year-on-year

According to the Zhitong Finance APP, on Tuesday, JOYY.US rose nearly 5% to $56.71. The financial report shows that in the second quarter, JOYY's revenue reached $508 million, an increase of 2.7% compared to the previous quarter. Among them, the revenue from live streaming business was $375.4 million, an increase of 1.1% quarter-on-quarter. With the strong growth in advertising revenue, non-live streaming business continued to maintain high growth, with a revenue growth of 25.6% year-on-year, accounting for 26.1% of the total group revenue, an increase of 7.4 percentage points year-on-year, and further strengthening the profit contribution capabilities.