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Douyu releases its first quarter financial report for 2025. The total revenue for this quarter was 947 million yuan, with innovative businesses, advertising, and other revenue 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 decrease of 75.6%. In this quarter, Douyu's Q1 average mobile MAU was 41.4 million, average paying users were 2.9 million, and ARPPU was 216 yuan.