除此之外，榜单尾部上榜厂商收入数据变化情况则呈现完全相反的趋势，包括Appxy、大华科技(SZ:002236) 、Easyroid以及哔哩哔哩(NASDAQ:BILI) 在 内的多个厂商上月海外收入皆有小幅增长。与此同时，旗下运营有《 Fachat 》、《 Lumi 》等视频交友应用的VeePro凭借连续以来的在海外收入端的稳定 表现也于近一年以来首度上榜。此外，上月排名有所上升的厂商还有畅读科技以及WEO Technology Limited。 依托互联网移动应用大数据平台"点点数据"（https://app.diandian.com/），点点出海基于App Store和Google Play两大应用市场，整理中国应用&游戏出海 厂商Top30收入榜，希望帮助从业者更好地了解移动应用出海领域的趋势和变化。 本文统计周期为2026年1月1日到2026年1月31日。 | | 1月中国非游戏厂商出海收入榜 | | | | | | --- | --- | --- | --- | --- | --- | | | 2026年1月1日-1月31日 | | | | app.diandian.com | | 排名 | 公司 ...

Core Insights - The company plans to return approximately $900 million to shareholders through buybacks and dividends from 2025 to 2027, with $237 million already completed by November 14, 2025 [2] - The company aims to expand its AI advertising technology platform, BIGO Ads, in high-value markets such as North America and Europe in 2026, while also optimizing its iOS ecosystem [2] - The live streaming business is expected to return to steady growth in 2026 after two consecutive quarters of sequential growth, potentially supported by new regional operations or product iterations [2] Shareholder Return Plan - The company announced a plan to return about $900 million to shareholders through buybacks and dividends from 2025 to 2027 [2] - As of November 14, 2025, the company has completed $237 million in buybacks and dividends [2] - Management emphasized accelerating buybacks to enhance shareholder returns during the earnings call [2] Strategic Advancement - The company will focus on expanding its AI advertising technology platform, BIGO Ads, in high-value markets, particularly in North America and Europe [2] - There will be an optimization of the iOS ecosystem integration [2] - The management anticipates that the live streaming business will return to a steady growth trajectory in 2026 [2] Performance and Operational Status - The company typically releases quarterly earnings reports, with 2026 earnings to be disclosed throughout the year [3] - Investors should monitor the progress of the live streaming and advertising businesses, user metrics (such as MAU), and cash flow status, with net cash reported at $3.32 billion as of September 30, 2025 [3] - This information will help assess the effectiveness of the company's diversification strategy [3]

Core Viewpoint - JOYY Inc. (欢聚集团) experienced a stock price decline of 1.03% on February 13, 2026, closing at $60.69, indicating a downward trend in its stock performance [1] Stock Performance - The opening price for JOYY Inc. on the same day was $60.50, with a high of $61.26 and a low of $60.00, resulting in a price fluctuation of 2.05% [1] - Year-to-date, the stock has decreased by 4.86%, and over the past five days, it has seen a decline of 3.80% [1] Market Metrics - The total market capitalization of JOYY Inc. is approximately $3.094 billion [1] - The price-to-earnings ratio (TTM) stands at 1.83 times [1]

Group 1 - JOYY Inc. (ticker: JOYY.OQ) experienced a stock price decline of 5.12% on February 12, 2026, closing at $61.32 [1] - The overall performance of the U.S. stock market was weak, with the Nasdaq index dropping by 2.03% and the internet information services sector falling by 1.51%, which negatively impacted individual stocks [1] - Concerns regarding the potential impact of AI tools on the revenue capabilities of traditional software companies have spread, affecting the performance of related tech stocks [1]

以上内容基于公开资料整理，不构成投资建议。 经济观察网欢聚集团(JOYY.OQ)在2026年2月5日至11日期间股价呈现波动走势。区间累计涨幅为 2.79%，振幅达6.68%，最高价为65.61美元(2月9日)，最低价为61.47美元(2月5日)。最新交易日(2月11 日)收盘价为63.66美元，单日下跌1.61%，成交量为22,831股。同期，美股大盘指数纳斯达克下跌 0.44%，欢聚股价表现相对稳健，但换手率较低(0.04%)，显示市场交投平淡。当前市盈率(TTM)为1.92 倍，股息率达5.92%，估值低于行业平均水平。 ...

Core Viewpoint - JOYY has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, suggesting that upward revisions can lead to increased buying pressure and higher stock prices [4][5]. - JOYY's earnings estimate for the fiscal year ending December 2025 is projected at $5.13 per share, remaining unchanged from the previous year, but the Zacks Consensus Estimate has increased by 9.1% over the past three months [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions, which positions JOYY favorably for potential market-beating returns [10].

Summary of Key Points from Conference Call Records Industry and Company Overview - **Companies Involved**: Alibaba, Baidu, Yunmanman, Tencent, Huya, Bilibili, Tencent Music, GDS, OTA Industry - **Industry Focus**: E-commerce, Cloud Computing, AI Technology, Data Centers, Live Streaming, Online Travel Agencies (OTA) Core Insights and Arguments Alibaba - **E-commerce Performance**: Alibaba's CMR (Customer Management Revenue) is expected to show low single-digit growth in the December quarter, down from previous expectations of mid-single-digit growth. NBS (Net Merchandise Sales) decreased by 5% in October and November, reflecting competitive pressures and high base effects. CMR is projected to decline in the March quarter but may stabilize in Q2 and recover in the second half of the year [1][2] - **Financial Outlook**: The company anticipates a full-year loss of approximately 60 billion RMB for FY2027, with cloud revenue expected to exceed 380 billion RMB, maintaining growth expectations despite supply chain considerations [1][3] - **Flash Sales Business**: Positive performance noted, but March quarter losses are not expected to decrease significantly [1] Baidu - **Kunlun Chip Development**: Baidu plans to complete the IPO of its Kunlun chip within four to five months, with an internal valuation of 40-50 billion USD, exceeding market expectations. The company will retain over 50% ownership post-IPO [4] - **Client Base**: Major clients include Tencent and China Mobile, with no supply chain disruptions reported [4] Yunmanman - **Order Growth**: The fourth-quarter order growth is at the lower end of guidance due to seasonal factors and the cleaning of low-quality orders, but this will not impact revenue or profit. The company plans to invest in autonomous driving and overseas expansion in 2026, which may negatively affect profits [5] - **Revenue Confidence**: The company is confident in achieving a 30% or higher growth in commission-based revenue [5] Tencent - **Stock Sale Impact**: Tencent's sale of Hong Kong stocks aimed to meet liquidity requirements, leading to a market overreaction and stock price decline. Current valuation is considered undervalued at a 2026 P/E ratio of 16 [6] Data Center Industry - **Growth Expectations**: GDS anticipates an increase in annual new bookings from 250-300 MW to 500 MW, reflecting ambitious growth plans. However, new large data centers face strict regulatory approvals, with only a 10% success rate for project applications [7] OTA Industry - **Regulatory Challenges**: The OTA industry faces short-term uncertainties due to regulatory scrutiny, reminiscent of Alibaba's past experiences with antitrust issues, leading to cautious investor sentiment [8] Bilibili and Tencent Music - **Bilibili's Advertising Growth**: Strong performance in advertising with over 20% growth attributed to increased traffic, despite challenges in the gaming sector [9] - **Tencent Music's Market Sentiment**: No significant changes in operations, but market disappointment over K-POP performance restrictions in China has negatively impacted stock prices [9] Huya - **Live Streaming Business**: Huya's revenue is primarily global, with compliance risks at historical lows. The company expects stable or slight revenue growth through refined operations [10][11] - **Investor Returns**: Huya commits to a 200 million USD dividend and a 100 million USD stock buyback over the next three years [12] Concert Ticketing and IP Business - **Ticketing Market Saturation**: The concert ticketing business is currently saturated, limiting revenue growth despite strong demand. The company plans to focus on content investment for overseas expansion [13][14] - **Impact of Sino-Japanese Relations**: No significant impact on sales observed post-relations events, though some projects have been delayed [15] Additional Important Insights - **AI Technology Platform**: Huya's AI platform is among the top 30 global aggregators, expected to achieve over 5% annual growth in third-party advertising revenue for 2026 and 2027 [11] - **Market Reactions**: Overall market reactions to stock sales and regulatory news have led to volatility, but some companies are viewed as having strong fundamentals and potential for recovery [6][9] This summary encapsulates the key points from the conference call records, highlighting the performance and outlook of various companies and industries involved.

Core Insights - The article highlights the recent ranking of Chinese non-gaming companies' overseas revenue, with ByteDance, YY Inc., and Meitu taking the top three spots, showcasing the global competitiveness of Chinese tech firms [1] Company Performance - Meitu's newly launched "AI Snow Scene" feature has gained significant popularity among users in Europe and Asia, leading to a record high in overseas revenue for the company in November, with a year-on-year increase of over 21.4% [1] - Meitu's financial data indicates strong growth potential in overseas markets, with a 15.3% year-on-year increase in monthly active users outside mainland China and a staggering 42% year-on-year surge in paid subscription users for the first half of 2025 [1] Industry Trends - Industry analysts suggest that the focus of competition for Chinese tech companies in overseas markets is shifting from user acquisition to value extraction, driven by breakthroughs in generative AI technology, with localized operational capabilities being viewed as a key competitive factor [1]

Core Insights - In November, Chinese non-gaming companies continued to show strong overseas revenue growth, with ByteDance and YY leading the rankings. Meitu's revenue surged by over 21.4% due to seasonal features, returning to the top three [2][3]. Non-Gaming Companies Revenue - ByteDance and YY maintained their positions at the top of the revenue chart for non-gaming companies in November [2]. - Meitu's application "Meitu" launched a winter-themed feature, achieving record revenue growth, particularly in Asian markets like Thailand and Japan [2][3]. - Qicheng Technology's applications "TopTop" and "DramaBite" helped the company rise into the top five, maintaining previous month's revenue momentum [3]. - iQIYI's revenue increased by over 13.3% due to promotional activities during the Double Eleven shopping festival, moving up two ranks to eighth place [3]. - Youku's application "YOUKU" saw a revenue increase of over 20.2% driven by the success of the series "暗河传" in Thailand [3]. - Xiaoying Technology reversed its revenue decline with a growth of over 21.8%, aided by its video editing app "VivaVideo" and new AI applications [4]. - Other companies like Wanjing Technology, Baidu, and Xiaomi also saw improvements in their rankings and revenue [4]. Gaming Companies Revenue - The global gaming market remained strong, with Chinese gaming companies maintaining their revenue levels from the previous month [7]. - Tencent's overseas revenue grew significantly, driven by its FPS game "GODDESS OF VICTORY: NIKKE," which achieved record revenue due to new content [7][8]. - 4399's new game "英雄來搞鬼：房間保衛戰" performed well in the Hong Kong and Taiwan markets, contributing to its improved ranking [7]. - KuLo Games' "Wuthering Waves" saw a revenue increase of over 16.1%, helping the company rise in the rankings [8]. - Iceberg Network's new game "X-Clash: Survival Challenge" achieved an estimated revenue of over $3 million, with a month-on-month growth of over 162.9% [8]. - Other companies like Lilith, Mu Tong, and BeheFun also experienced notable revenue growth and ranking improvements [8].

Core Viewpoint - Five stocks have been added to the Zacks Rank 1 (Strong Buy) List, indicating strong potential for investment based on recent earnings estimate increases. Group 1: Company Earnings Estimates - Isabella Bank Corporation (ISBA) has seen a 7.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Vertiv Holdings Co (VRT) has experienced a 7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Seagate Technology Holdings plc (STX) has also seen a 7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Customers Bancorp, Inc. (CUBI) has had nearly an 8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] - JOYY Inc. (JOYY) has experienced a significant 16.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]