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On June 5th, Douyu announced its unaudited financial performance for the first quarter of 2024, with a revenue of 1.0397 billion yuan, a year-on-year decrease of 29.9%. The net loss was 88 million yuan, and the net profit for the same period last year was 14.5 million yuan. The average monthly active mobile users in the first quarter was 45.3 million, compared to 50.2 million in the same period last year. The quarterly average number of paying users is 3.4 million, compared to 4.5 million in the same period of 2023.
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