Scalper1 News
Chinese online social platform YY late Wednesday reported Q2 earnings and sales that beat analyst estimates, with online music and entertainment revenue tripling as that unit’s growth accelerated. The company’s revenue forecast for the current quarter also beat expectations. But YY (YY)’s number of paying game users slipped 5% from Q1 and its display ad revenue — which is less than 5% of total revenue — declined 5%. YY stock Scalper1 News
Scalper1 News