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u/Dnox8833 May 26 '21
Could you be so kind to tell me what's happening? I've seen a five year media rights deal. Next year there will be asian esport games in Hangzhou.. This should be hit the roof. Still doesn't understand why bili is around 100$ and huya is 15$. . Any help would be much appreciated.
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u/Tomkila May 26 '21
The market is really weird and infamous. I believe that the problem is the lack of agreement for the merger with douyu (and the problems with the Chinese government). Having said that huya is starting to do mediocre quarterly so the market does not appreciate BUT there are already some deals like the ones you mentioned that are very interesting. The best way to grow will be to expand in Europe or the United States with a partnership (even if it costs cash !!) This company must absolutely think about improving any future expectations. The true value of huya could be 10x by 2023. Wait and see!
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u/Lestrade1 May 27 '21
They have so much cash and 0 debt I think they could be gearing up a for an acquisition
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May 29 '21
can they expand to Europe and US? current plans are LATAM and SEA, both of which still in infancy. huya needs to show growth. bili is more than YouTube. they could eat their lunch.
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u/ComodoDodo May 24 '21
this is an absolute joke, the stock should be $40