Morning News Huya released its Q1 financial report, Tencent Music’s Q1 revenue increased to 7 billion yuan
Huya and Tencent Music both released Q1 financial reports Tencent Music's Q1 revenue reached 7 billion yuan
【PhoneAuto Morning News】On the evening of May 16th, Huya announced its unaudited financial performance for the first quarter ending on March 31, 2023. Data shows that Huya’s revenue in the first quarter of this year was 1.992 billion yuan, a year-on-year decrease of 20.9%. On the same day, Tencent Music released its first quarter earnings report for 2023. After the report was released, Tencent Music’s stock rose 2.89% before the market opened.
Huya released its first quarter financial report: revenue of 1.95 billion yuan, a year-on-year decrease of 20.9%
On the evening of May 16th, Huya announced its unaudited financial performance for the first quarter ending on March 31, 2023. Data shows that Huya’s revenue in the first quarter of this year was 1.992 billion yuan, a year-on-year decrease of 20.9%. Among them, Huya’s revenue from live broadcasting in the first quarter was 1.86 billion yuan ($271 million), and revenue from advertising and other businesses was 89.3 million yuan ($13 million).
- Get ready for 618! These four smartphones with outstanding designs are a must-watch
- Performance and appearance, I want them all! OnePlus Ace 2 Genshin Impact custom version is only 3699 yuan
- Apple introduces new cognitive and assistive features to enable anyone to use the product smoothly
Users prefer paid music streaming! Tencent Music’s Q1 revenue increased to 7 billion yuan
On May 16th, Tencent Music released its first quarter earnings report for 2023. After the report was released, Tencent Music’s stock rose 2.89% before the market opened. Data shows that Tencent Music’s total revenue in the quarter was 7 billion yuan, a year-on-year increase of 5.4%; among them, online music subscription revenue was 2.6 billion yuan, a year-on-year increase of 30.4%; the number of online music paying users reached 94.4 million, a year-on-year increase of 17.7%, with a net increase of 5.9 million from the previous quarter. The company’s equity holders’ net profit attributable was 1.15 billion yuan, a year-on-year increase of 88.5%; the company’s equity holders’ net profit under Non-IFRS was 1.41 billion yuan, a year-on-year increase of 57.0%. As of March 31st, the total amount of cash, cash equivalents, and time deposits was 28.5 billion yuan.
Li Yanhong: Baidu will gradually integrate Wenxin Yiyuan into all Baidu businesses
On May 16, Baidu announced its first quarter results for 2023. During the earnings conference call, Baidu’s founder, chairman, and CEO Li Yanhong stated that Baidu hopes to further strengthen its generative AI capabilities, and use generative AI to empower products and services, providing users with better experiences. Specifically, Baidu will gradually integrate Wenxin Yiyuan into all Baidu businesses, empowering Baidu’s products and services and attracting a wider range of users and customers.
Can he handle it? Musk says he will oversee every new Tesla employee recruitment
In most large companies, due to the large number of employees, the company’s top executives generally do not oversee specific personnel recruitment, at most they make plans for the company’s overall recruitment direction. However, for the “workaholic” Musk, these are not big problems. Recently, according to foreign media reports, in an internal email sent to employees, the CEO said that he will personally approve the hiring of every new employee joining Tesla in the future.
We will continue to update Phone&Auto; if you have any questions or suggestions, please contact us!
Was this article helpful?
93 out of 132 found this helpful
Related articles
- Time moves forward, love remains unchanged and Huawei’s smart door lock unlocks motherly love on Mother’s Day
- Breaking News! China Mobile completes 5G mobile terminal direct connection satellite laboratory verification
- Expected to be released on May 29th! Honor 90 series high-definition photos exposed, playing with color?
- You have to rely on Xiaomi for imaging! The new flagship may be equipped with a periscope-style long-focus macro lens
- Has domestic Android phones successfully surpassed Apple? This question is actually very complex
- The starting configuration is already the strongest, as the iQOO Neo8 Pro comes with 16GB of LPDDR5X RAM
- The European Union approves Microsoft’s acquisition of Activision Blizzard, but there are still significant obstacles to the acquisition