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O DOUYU.COM DouYu International Holdings Limited Reports Second Quarter 2021 Unaudited Financial Results WUHAN , China , August 16 , 2021 / PRNewswire / -- DouYu International Holdings Limited ( “ DouYu ” or the " Company " ) ( Nasdaq : DOYU ) , a leading game - centric live streaming platform in China and a pioneer in the eSports value chain , today announced its unaudited financial results for the second quarter ended June 30 , 2021 . Second Quarter 2021 Financial and Operational Highlights • • • . • Total net revenues in the second quarter of 2021 were RMB2,336.8 million ( US $ 361.9 million ) , compared with RMB2,508.2 million in the same period of 2020 . Gross profit in the second quarter of 2021 was RMB306.5 million ( US $ 47.5 million ) , compared with RMB522.9 million in the same period of 2020 . Net loss in the second quarter of 2021 was RMB181.7 million ( US $ 28.1 million ) , compared with a net income of RMB319.3 million in the same period of 2020 . Adjusted net loss in the second quarter of 2021 was RMB145.1 million ( US $ 22.5 million ) , compared with an adjusted net income of RMB322.9 million in the same period of 2020 . Average mobile MAUs in the second quarter of 2021 increased by 3.9 % to 60.7 million from 58.4 million in the same period of 2020 . Quarterly average paying user count in the second quarter of 2021 was 7.2 million , compared with 7.6 million in the same period of 2020 . Mr. Shaojie Chen , Chief Executive Officer of DouYu , commented , “ Our core operating metric continued to grow at a steady pace in the second quarter of 2021 , with our quarterly average mobile MAUS increased by 3.9 % year over year to 60.7 million . Looking ahead , we plan to continue expanding our content ecosystem both upstream and downstream to cover each link of the game industry value chain . We will also bolster our industry leadership through the continuous execution of our live streaming , video , content , and community strategies . " Mr. Hao Cao , Vice President of DouYu , commented , “ In the second quarter of 2021 , our total revenues were RMB2.34 billion and gross profit was RMB307 million , representing a gross margin of 13.1 % . During the quarter , we continued to increase our investments in proprietary content production while further upgrading the functions and content of our video and community related products . Going forward , we will continue exploring new methods to improve our monetization capabilities and generate long - term shareholder value . " Second Quarter 2021 Financial Results Total net revenues in the second quarter of 2021 were RMB2,336.8 million ( US $ 361.9 million ) , compared with RMB2,508.2 million in the same period of 2020 . Live streaming revenues in the second quarter of 2021 were RMB2 , 178.1 million ( US $ 337.3 million ) , compared with RMB2,319.9 million in the same period of 2020. The decrease in year - over - year comparison was mostly due to the decrease in user time as a result of the recovery from the COVID - 19 pandemic and less stay - at - home time . This decline 1