Xunlei's Q2 2024 revenues dropped 23.7% to $79.6m, primarily due to reduced live streaming business.
Xunlei, a Chinese tech firm offering distributed cloud services, reported a 23.7% drop in Q2 2024 revenues to $79.6m, mainly due to reduced live streaming business revenues. Cloud computing revenues fell 13.8% to $26.4m, while subscription revenues rose 10.8% to $32.9m. The firm aims to expand its product portfolio, enhance user experiences, and boost global business growth.
August 13, 2024
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