JOYY Reports Fourth Quarter and Full Year 2023 Financial Results: Third Consecutive Year of Profitability, Global MAU Resumes Growth
Due to continued optimization of operational efficiencies and strong execution, JOYY delivered continued profitability for the third consecutive year.
- Due to continued optimization of operational efficiencies and strong execution, JOYY delivered continued profitability for the third consecutive year.
- From 2020 to 2023, JOYY has in total distributed approximately US$1.38 billion in capital returns.
- Mr. David Xueling Li, Chairman and Chief Executive Officer of JOYY, commented, "2023 proved to be a year of progress.
- In the fourth quarter, Bigo Live maintained its user growth momentum, with MAUs increasing by 4.5% year over year to 38.4 million.