28 April 2024: Huya big investment?
Saw a news that mentioned that Huya is trying to create an integrated platform that allows huya streamers to enjoy the traffic from Kuaishou and Douyin too? If this is the case, Huya has to have a well-thought out plan to enable it to retain the live streamers that it has groomed.
With all these then what will happen? The investment size doesn't look small so will it be a joint investment by Tencent, Kuaishou, Douyin and Huya?
I need to see how the 1q2024 results will be for Huya. It's announcement is meant to be out on 13 May, which is to be out in around 2 weeks plus.
We shall see. Now just let the price chart does its work. Time to stay cautious after Huya fails to hold above 5 USD.
As always, this should not be construed as any investment or trading advice.
$Huya Inc.(HUYA)$ $TENCENT(00700)$ $KUAISHOU-W(01024)$ $BILIBILI-W(09626)$ $JOYY Inc.(YY)$
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