Joyy, Inc. (YY) has released an update.
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JOYY Inc. reported a significant turnaround in its financial performance for the fourth quarter and full year of 2023, with a notable increase in net income and a steady growth in paying users, despite a slight decline in net revenues. The company’s focus on operational efficiency and product enhancements has led to increased profitability and a resumed growth in global average mobile monthly active users, asserting a positive outlook for the upcoming year.
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