BREAKING: App Responsible For 89% of Joyy ($YY) Revenue Removed By Apple and Google After Child Abuse Investigation
hntrbrk.com
Based on Hunterbrook Media’s reporting, Hunterbrook Capital is short JOYY Inc. (NASDAQ: $YY) at the time of publication. Positions may change at any time. See full disclosures below. The video app Bigo Live was 89% of third-quarter revenue at Joyy (NASDAQ: $YY). It was also the focus of a recent investigation by The New York Times, […]

Almost two weeks after first being removed, Bigo Live is still off app stores. The company told Hunterbrook it is “actively collaborating with relevant authorities,” but could not confirm if or when the app would be reinstated.

Note: Short seller news source.