December 30 news, in today's Hangzhou City, Zhejiang Province, Yuhang District, the fourth quarter of the key projects focused on signing activities.thunderboltThe Group signed a cooperation agreement with the Administrative Committee of Hangzhou Future Science and Technology City.Announced that Xunlei will set up in Yuhang District AI Global Headquarters, further deepening the cooperation between the two sides in the field of digital economy.
Li Jinbo, Chairman and CEO of Xunlei Group, said that it will rely on Yuhang to promote the AI innovation strategy, cultivate more new businesses with global competitiveness, and continue to invest in capital and talent to promote the landing of AI in the industry's vertical models, edge arithmetic and To C applications.
Xunlei's Q3 2024 earnings report showed that the company's total revenue for the third quarter was $80.1 million (Remarks: Currently about RMB 585 million) down 4.9% year-on-year.11 consecutive quarters of profitability.
- Membership revenue was US$33.2 million (currently approximately RMB242.0 million), an increase of 15.61 TP3T year-over-year;
- Revenue from the cloud computing business was US$25.3 million (currently ~RMB185 million), down 14.4% year-over-year;
- Live streaming and other Internet value-added services revenue was US$21.6 million (currently approximately RMB158 million), down 16.7% year-over-year.
Xunlei's Q3 2024 membership subscriber base was approximately 5.51 million, up 490,000 from 5.02 million in the same period last year. Average revenue per member was RMB 40.9, compared to RMB 39.9 in the same period last year.