The Rosen Law Firm, P.A. and Glancy Prongay & Murray LLP Announce Proposed Class Action Settlement on Behalf of Purchasers of American Depositary Shares of DouYu International Holdings Limited – DOYU
Class Action Settlement Announcement: A proposed class action settlement of $2,250,000 has been approved by the U.S. District Court for the District of New Jersey for purchasers of American Depositary Shares of DouYu International Holdings Limited from April 30, 2021, to November 27, 2023.
Important Dates and Actions Required: A hearing is scheduled for August 18, 2025, to determine the fairness of the settlement, and members of the Settlement Class must submit a Claim Form by July 21, 2025, to be eligible for payment, or request exclusion by July 28, 2025.
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DouYu Reports Increase in Q3 Net Income
Third Quarter Financial Performance: DouYu International Holdings Limited reported a net income of RMB 11.3 million for the third quarter, a 232.8% increase from RMB 3.4 million in the same period of 2024.
Adjusted Net Income: The company achieved an adjusted net income of RMB 23.1 million, a significant turnaround from an adjusted net loss of RMB 39.8 million in the previous year.
Revenue Comparison: Total net revenues for the third quarter were RMB 899.1 million, down from RMB 1.06 billion in the same period of 2024.
User Engagement Decline: Average mobile monthly active users (MAUs) decreased by 27.5% year over year, dropping to 30.5 million from 42.1 million in the same period of 2024.
DouYu International Holdings Limited Reports Third Quarter 2025 Unaudited Financial Results
Financial Performance: DouYu International reported total net revenues of RMB899.1 million (US$126.3 million) for Q3 2025, a decrease from RMB1,063.1 million in Q3 2024, but achieved a gross profit of RMB116.1 million (US$16.3 million), marking a 90.9% increase year-over-year.
Profitability Improvement: The company returned to positive income from operations at RMB11.9 million (US$1.7 million) compared to a loss of RMB94.2 million in the same quarter last year, with net income rising 232.8% to RMB11.3 million (US$1.6 million).
User Engagement Trends: Average mobile monthly active users (MAUs) decreased by 27.5% year-over-year to 30.5 million, attributed to content supply adjustments and reduced promotional activities, leading to a slight decline in paying users for livestreaming.
Operational Strategy: DouYu's management emphasized a refined strategy focusing on value chain integration and operational efficiency, alongside enhancements in content offerings and AI features to improve user engagement and profitability amidst challenging market conditions.
