YY: Better Monetization From BIGO While YY Live Recovered; Expect Better 3Q20 Results

  • Date: Nov 13, 2020
  • Tags:YY Live
  • Company:YY
  • Partial Report:Name: YY 3Q20 Preview 11122020.pdf - Size: 0.54M - Free Download
  • YY: Better Monetization From BIGO While YY Live Recovered; Expect Better 3Q20 Results

YY will report 3Q20 results on November 16th after the markets close followed by a 9pm EST conference call.  Based on our data and model, we believe YY’s 3Q20 revenue is likely to be higher than the high end of YY’s guidance range of RMB5,850B - RMB6,000B and consensus at RMB5,942M. Bigo Live and Likee are doing well overseas even though people are staying home less as lockdown restrictions were lifted. YY Live in China also recovered well, as YY platform has become a place where entertainment celebrities can perform and interact with audiences.

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