Douyu: In the first quarter, innovative businesses, advertising, and other revenues reached 3.83 billion yuan, a year-on-year increase of 60.2%.

Douyu releases its financial report for the first quarter of 2025. In this quarter, Douyu's total revenue was 947 million yuan, with revenue from innovative business, advertising, and other sources reaching 383 million yuan, a year-on-year increase of 60.2%. Gross profit was 114 million yuan, a year-on-year increase of 4.1% and a quarter-on-quarter increase of 62.6%. Operating loss was 26.1 million yuan, a year-on-year decrease of 84.3%; adjusted net loss was 20.9 million yuan, a year-on-year reduction of 75.6%. In the first quarter of 2025, Douyu's average mobile MAU was 41.4 million, average paid users were 2.9 million, and ARPPU was 216 yuan.