Hunterbrook Capital short Joyy after Hunterbrook Media reporting

The video app Bigo Live was 89% of third-quarter revenue at Joyy (YY), though it was also the focus of a recent investigation by The New York Times about how users pay via the app for livestreamers to commit sex crimes against kids, according to Hunterbrook Media, which notes that based on the reporting, Hunterbrook Capital is short Joyy at the time of publication. In response to the Time’s reporting, Apple and Google cut Bigo from app stores, although apps already installed on devices may be still functioning, Hunterbrook added.