IT House reported on April 22, Tech Planet said that Huya has recently laid off a large number of employees, and the proportion of layoffs in its international business is as high as 70%. The operation team of the overseas product Nimo has greatly shrunk; the domestic business team has laid off 20% of its staff, mainly focusing on “cloud gaming”. “In the innovation department, and the layoffs were neat and tidy, they would leave in the afternoon if they were notified in the morning.
It is said that Huya Live has about 2,000 employees, of which more than 200 are in the internationalization department. Among the layoffs in Huya’s international business, 70% of the staff were laid off in operations, other departments were cut in half, and many fresh graduates were also terminated. In this regard, Huya replied to Tech Planet that it would not comment.
In addition, the news also shows that Douyu is also launching layoffs recently. According to an insider, Douyu Live will lay off 30% of its overall staff, mainly for game business and live broadcast brokerage. The layoffs are concentrated in teams in Shanghai and Beijing, and Wuhan headquarters is also involved. At present, Douyu responded that “there are no large-scale layoffs, only some normal personnel optimization adjustments.”
IT House learned that Douyu’s annual revenue in 2021 was 9.165 billion yuan, of which Douyu’s total revenue in the fourth quarter was 2.328 billion yuan, a year-on-year increase of 2.6% ; gross profit reached 245 million yuan, a year-on-year increase of 34.3%.
In the fourth quarter, Douyu mobile MAU (quarterly average monthly active users) increased from 58.2 million in the same period of 2020 to 62.4 million, an increase of 7.2% . At the same time, the number of paying subscribers also grew to 7.3 million in the quarter, up from 7.2 million in the previous quarter.
The total net revenue of Huya in the fourth quarter was 2.8087 billion yuan, and the MAU of live broadcast mobile terminal increased by 7.4% year-on-year to 85.4 million. For the full year of 2021, Huya’s total revenue will increase to 11.351 billion yuan, a year-on-year increase of 4% ; under the US GAAP, the net profit attributable to Huya will reach 583 million yuan.
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