JOYY Inc. (NASDAQ:YY) Q4 2022 Earnings Call Transcript

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Operator: Thank you. Your next question comes from Yiwen Zhang with China Renaissance. Please go ahead.

Yiwen Zhang: So my question is regarding, our view €“ project share for 2023? What’s our view on the Likee and Hago user trend and the monetization update? Thanks.

David Xueling Li: Thank you, Yiwen. This is David. Regarding our outlook for Likee and Hago, both products have prioritized and also consider breakeven as a key operating priority in the year 2022. And we’ve seen positive results comes out from both products as well, especially with Likee achieving breakeven in the second half of year 2022. We believe that — given that the product is now approaching breakeven, we believe that the product will be able to explore potential user recovery on the basis of consistent profitability.

Operator: Thank you. That’s all the time we have for our question-and-answer session today. I’ll now hand back to management for closing remarks.

Jane Xie: Thank you so much for your time, and we look forward to seeing everyone next quarter. Thank you.

Operator: That does conclude our conference for today. Thank you for participating. You may now disconnect.

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