Huya: The Chinese Twitch is About to Become Profitable Thanks to High Margins

With the onset of the Corona pandemic, live streaming platforms like Twitch have gained enormous significance. The average number of daily viewers on the leading platform in Europe and the USA increased from 1.6 million in March 2020 to 2.5 million in April 2020. To this day, Twitch's popularity remains remarkably high and has stabilized at the level of April 2020. Due to strict government regulations in China, however, Twitch is not suitable for the local market. Instead, competitors Huya and Douyu have established themselves as leading gaming...