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  "documentTitle": "Joyy Inc. (YY)",
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      "text": "Even in Bigo's earlier years, local audits gave indications that all was not what it appeared to be. Bigo changed its Singapore auditor three times over the first four years.",
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      "kind": "quote",
      "text": "I want to highlight Bigo Live. So Bigo Live actually has been profitable in the past 1 to 2 years already. And actually, their profitability is... used to be good enough to support Likee's development. But very recently, we have more aggressive campaign in terms of the Likee's investment since we actually see the better ROI from the user acquisition part for the short-form video. — CFO Bin Jing",
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