Our business is constantly evolving according to user needs. YY provides access to user-created content through social gatherings, which we refer to as channels. Each channel covers particular interests or topics. We define our business segments according to the type of these interests or topics.
More than 85% of our revenues are from our two live streaming segments. One is YY Live, which mainly focuses on music and entertainment live streaming, and the other is Huya broadcasting, which focuses on live game broadcasting. We also operate an online education business, an online games business, and an online game media website Duowan.com.