Scalper1 News
China social networking company YY (YY) said higher revenue-sharing payments for music and entertainment content, beefier investments in its Huya Live online broadcasting service and the delayed launch of several online games contributed to its Q3 earnings miss. The company — one of several described as “China’s Twitter (TWTR)” — late Monday posted EPS excluding items of 71 cents, down 18% from the year-earlier quarter and well below the 82 cents Scalper1 News
Scalper1 News