Business Units or Product Lines

JOYY Inc. operates several key product lines including Bigo Live, a live streaming platform; Likee, a short-form video platform; and Hago, a social networking app that also offers casual gaming.

Business Models for Each Product Line

Bigo Live generates revenue primarily through the sale of virtual gifts and live streaming services. Likee monetizes its platform through advertising and the sale of virtual items. Hago earns its revenue from in-app purchases and gaming services. Major expenses across these product lines include content creation, technology infrastructure, marketing, and user acquisition costs.

Future Opportunities for Growth

JOYY Inc. sees growth opportunities in expanding its presence in emerging markets, enhancing its artificial intelligence technologies to improve user engagement, and developing new monetization strategies for its platforms. The company also aims to explore partnerships and acquisitions to strengthen its market position.

Potential Major Risks

The company faces risks such as increased competition from other social media and live streaming platforms, changes in regulatory environments particularly in key markets like China and Southeast Asia, and the challenge of maintaining user growth and engagement in a rapidly changing digital landscape.