JOYY Inc. (JOYY): Livestreaming Giant Is Building Two New Growth Engines Fast
JOYY Inc. (NASDAQ: JOYY) reported Q2 2026 revenue of $590.8M, up 16.3% YoY, with non-GAAP operating income rising 28.2% to $49.1M. Growth was driven by social entertainment, advertising (BIGO Ads), and e-commerce (Shopline). Management expects non-livestreaming businesses to approach half of group revenue by 2028. The company held $3.06B in net cash and returned $359M to shareholders YTD. Currency losses and margin shifts were noted, with Q3 guidance pointing to moderate growth in social enterta




