Sun Yuchen: Huobi's Q1 revenue is 150 million USD

ChainCatcher news, Huobi Global Advisory Council member Sun Yuchen tweeted that Huobi's revenue for the first quarter was $150 million, with expenses of $120 million, resulting in a profit of $30 million. In the first quarter, Huobi implemented a number of cost-cutting and efficiency-boosting measures, and the exchange business is in a state of integration.

In addition, Sun Yuchen stated that the conservative forecast for Huobi's second quarter revenue is $187 million, with expenses of $76 million, achieving a quarterly profit of $111 million. (source link)