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On November 30th, Huanju Group released its financial report for the third quarter of 2023, with a revenue of $567 million, a year-on-year decrease of 3.3% and a month on month increase of 4.9%. Under non US GAAP accounting standards, the net profit was $81.2 million, a year-on-year increase of 5.5%. By product, the core business segment of Huanju Group's BIGO revenue was $494 million, a year-on-year increase of 2.2%, and operating profit was $81.9 million, a year-on-year increase of 11.7%. From a user perspective, the group's global social entertainment MAU (monthly active) increased by 2.6% year-on-year to 276.8 million. Among them, Bigo Live MAU increased by 14% year-on-year to 40.3 million. The paid users in the BIGO sector increased by 6.6% year-on-year to 1.61 million.
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