Hillman Chan's questions to Douyu International Holdings Ltd (DOYU) leadership • Q2 2024
Question
Hillman Chan asked for an update on the development plan and progress of collaborations with game developers, as well as expectations for revenue growth from these initiatives.
Answer
Lingling Kong, from the Interim Management Committee, detailed the strategy of commercial collaborations, including game memberships and prop sales, citing successful campaigns for games like 'Moonlight Blade' and 'Peacekeeper Elite'. While the current revenue contribution is small, she highlighted strong gamer demand and growth potential. The company maintained its expectation for 'innovative businesses, advertising and other revenue' to exceed 20% of total net revenue in 2024.