HUYA: Strategic Transformation And Special Dividend Provide Downside Protection, Upside Potential
HUYAHUYA(HUYA) Seeking Alpha·2024-08-16 11:12

simpson33 HUYA Inc. (NYSE:HUYA) is a leading game live-streaming platform in mainland China. The company embarked on strategic transformation in 2023 to expand its game-related services and advertising revenue and gradually reduce the importance of its live-streaming business. The transformation is showing promising progress, as evidenced by the 152.7% growth of game-related services and advertising revenue during Q2 of 2024. Furthermore, the company declared a special dividend of $1.08 per share payable in ...