Overview
- Revenue reached US$540 million, up 6.4% quarter over quarter, with GAAP operating income of US$20 million and non-GAAP EBITDA of US$51 million.
- Livestreaming revenue rose to US$388 million, gaining 3.5% sequentially for a second straight quarter on higher paying users, ARPPU and longer viewing time.
- BIGO Ads delivered US$104 million in revenue, up 33.1% year over year and 19.7% quarter over quarter, aided by AI-driven real-time prediction and bidding upgrades.
- Ad-tech scale accelerated with SDK ad requests up 228% year over year and strong regional growth, including 22% sequential gains in North America and 41% in Western Europe.
- Net cash stood at US$3.32 billion and operating cash flow was US$73 million, with 2025 distributions to date including US$148 million in dividends and US$89 million in repurchases.