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An industry chapter · Interactive Media & Platforms

Interactive Media & Platforms

32 members, 4689 to ZD, A to Z by ticker.

Gross profitability: median 32% — gross profit as a share of total assets, each member's median across its readable years; read on 26 of 32 members
Capital intensity: median 2.5% — capital expenditure as a share of revenue, each member's median across its readable years; read on 29 of 32 members
Net cash: 20 of the 31 members with a readable debt line hold more cash and short-term investments than total debt

Figures describe the list as a group, from each member's own filed record; they name no member and form no rank. A member missing an input is absent from that median, never counted against the others.

From the latest filings · data as of August 17, 2026.

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4689 LY Corporation

Revenue is Commerce (42%), Media (36%) and Stragegy (22%).

Owner earnings 2018–2025 ¥32.2B¥108.2B¥207.2B¥179.3B¥214.5B¥209M¥245.5B¥419.9B

Retained capital Paid out ¥455.5B more than it earned over 2018–2025; annual owner earnings grew ¥106.0B.

Balance sheet Modest net debt, ¥12.7B · dividend paid 8 of 8 yrs, cut at least once

4751 CyberAgent

A diversified business; where the profit really comes from, and whether it is earned or bought, is what the segment detail settles.

Owner earnings 2016–2021 ¥25.5B¥18.9B¥24.4B¥8.8B¥32.9B¥105.8B

Retained capital Retained ¥58.3B of earnings over 2016–2021; annual owner earnings grew ¥26.3B, ¥0.45 per ¥1 retained.

Balance sheet Net cash, +¥173.1B · dividend paid 6 of 6 yrs, cut at least once

BIDU Baidu Inc. ADS

A software business, earning high margins on code once it is written.

Owner earnings 2016–2025 CN¥18.3BCN¥29.0BCN¥32.3BCN¥22.0BCN¥19.1BCN¥14.4BCN¥20.0BCN¥29.5BCN¥13.1B(CN¥10.4B)

Retained capital Retained CN¥86.3B of earnings over 2016–2025; annual owner earnings fell CN¥15.8B, CN¥-0.18 per CN¥1 retained.

Balance sheet Net cash, +CN¥72.5B

BMBL Bumble Inc.

Revenue is Bumble App (81%) and Badoo App and Other (19%).

Owner earnings not read

Retained capital not read

Balance sheet Net debt against an operating loss, $413M

CMCM Cheetah Mobile Inc.

Revenue is Internet Business (53%) and AI and Others (47%).

Owner earnings 2016–2017 CN¥347MCN¥606M

Retained capital not read

Balance sheet Net cash, +CN¥1.4B

DJT Trump Media & Technology Group Corp.

A software business, earning high margins on code once it is written.

Owner earnings 2022–2025 ($24M)($10M)($64M)$14M

Retained capital not read

Balance sheet Net debt against an operating loss, $508M

DJTWW Trump Media & Technology Group Corp.

A software business, earning high margins on code once it is written.

Owner earnings 2022–2025 ($24M)($10M)($64M)$14M

Retained capital not read

Balance sheet Net debt against an operating loss, $508M

DOYU DouYu International Holdings Limited ADS

We operate our platform both on mobile apps and PC portals, through which users can enjoy immersive and interactive games and entertainment livestreaming, access to a wide array of video and graphic contents, and participate in community events and discussions.

Owner earnings 2017–2025 (CN¥405M)(CN¥370M)CN¥797MCN¥649M(CN¥593M)(CN¥74M)(CN¥53M)(CN¥240M)(CN¥53M)

Retained capital not read

Balance sheet Net cash, debt-free, +CN¥1.8B

GIBO GIBO Holdings Limited

GIBO.ai offers a suite of AI-powered animation content creation tools through GIBO Create , our integrated suite of AI-powered content creation tools which enables content creators on our platform to improve their productivity and effortlessly become pros at content production.

Owner earnings FY2024 $23M

Retained capital not read

Balance sheet net position not read

GOOG Alphabet Inc. Class C Capital Stock

Alphabet runs Google. Most of what it earns comes from advertising — selling the attention of people who use Search, YouTube, and the Android and Chrome software that sits on their phones and screens — placed against each other in an auction that advertisers bid into. A smaller part rents out cloud computing and tools to businesses that would rather not build their own.

Owner earnings 2016–2025 $32.1B$32.2B$42.0B$47.4B$57.1B$81.4B$78.0B$89.8B$110.0B$143.6B

Retained capital Retained $216.0B of earnings over 2016–2025; annual owner earnings grew $79.0B, $0.37 per $1 retained.

Balance sheet Net cash, +$78.3B · dividend paid 2 of 10 yrs, never cut

GOOGL Alphabet Inc.

Owner earnings 2016–2025 $32.1B$32.2B$42.0B$47.4B$57.1B$81.4B$78.0B$89.8B$110.0B$143.6B

Retained capital Retained $216.0B of earnings over 2016–2025; annual owner earnings grew $79.0B, $0.37 per $1 retained.

Balance sheet Net cash, +$78.3B · dividend paid 2 of 10 yrs, never cut

GOOGM Alphabet Inc.

Alphabet is a collection of businesses — the largest of which is Google.

Owner earnings 2016–2025 $32.1B$32.2B$42.0B$47.4B$57.1B$81.4B$78.0B$89.8B$110.0B$143.6B

Retained capital Retained $216.0B of earnings over 2016–2025; annual owner earnings grew $79.0B, $0.37 per $1 retained.

Balance sheet Net cash, +$78.3B · dividend paid 2 of 10 yrs, never cut

GOOGN Alphabet Inc.

Alphabet is a collection of businesses — the largest of which is Google.

Owner earnings 2016–2025 $32.1B$32.2B$42.0B$47.4B$57.1B$81.4B$78.0B$89.8B$110.0B$143.6B

Retained capital Retained $216.0B of earnings over 2016–2025; annual owner earnings grew $79.0B, $0.37 per $1 retained.

Balance sheet Net cash, +$78.3B · dividend paid 2 of 10 yrs, never cut

GRND Grindr Inc.

Grindr platform offers a variety of location-based social features and functions, including identity expression; connection; and interaction; with trust and safety tools across the experience, and subscriptions for premium features offering further access and control.

Owner earnings 2021–2025 $34M$50M$36M$94M$141M

Retained capital Paid out $537M more than it earned over 2021–2025; annual owner earnings grew $50M.

Balance sheet Meaningful net debt, $309M · buybacks at an average near $17.93

HUYA HUYA Inc.

Revenue is Live Streaming (71%) and Game Related Services, Advertising and Others (29%).

Owner earnings 2016–2025 (CN¥420M)CN¥236MCN¥691MCN¥1.9BCN¥1.2BCN¥288M(CN¥444M)(CN¥79M)CN¥54M(CN¥212M)

Retained capital Paid out CN¥7.4B more than it earned over 2016–2025; annual owner earnings fell CN¥247M.

Balance sheet Net cash, debt-free, +CN¥693M · dividend paid 2 of 10 yrs, cut at least once

IAC People Incorporated

A software business, earning high margins on code once it is written.

Owner earnings 2018–2025 $315M$157M$94M$29M($223M)$96M$340M$45M

Retained capital Paid out $1.0B more than it earned over 2018–2025; annual owner earnings fell $28M.

Balance sheet Net debt against an operating loss, $466M · buybacks at an average near $44.10

JG Aurora Mobile Limited

Revenue is Subscription (60%), Vertical Applications (29%) and Value Added Services (11%).

Owner earnings 2016–2025 (CN¥61M)(CN¥104M)(CN¥156M)(CN¥65M)CN¥56M(CN¥93M)(CN¥18M)(CN¥18M)CN¥4MCN¥65M

Retained capital not read

Balance sheet Heavy net debt, CN¥55M

META Meta Platforms Inc.

Meta runs a set of apps — Facebook, Instagram, WhatsApp, Messenger — that let people connect, share, and find and build communities. The apps cost the user nothing; the money comes from selling advertisers the attention of those users, matched to them by what the company has learned about them. A small, separate arm builds virtual-reality headsets and AI glasses, but the audience and the advertising it carries are nearly the whole business.

Owner earnings 2016–2025 $13.8B$21.2B$25.0B$30.6B$31.9B$49.7B$41.8B$59.9B$75.8B$97.2B

Retained capital Retained $136.0B of earnings over 2016–2025; annual owner earnings grew $57.7B, $0.42 per $1 retained.

Balance sheet Net cash, +$22.8B · buybacks at an average near $252 · dividend paid 2 of 10 yrs, never cut

MOMO Hello Group Inc.

A software business, earning high margins on code once it is written.

Owner earnings 2016–2025 CN¥1.4BCN¥2.8BCN¥3.2BCN¥5.3BCN¥3.0BCN¥1.5BCN¥1.1BCN¥2.2BCN¥1.6BCN¥1.1B

Retained capital Retained CN¥3.9B of earnings over 2016–2025; annual owner earnings fell CN¥842M, CN¥-0.22 per CN¥1 retained.

Balance sheet Net cash, +CN¥5.4B · dividend paid 7 of 10 yrs, cut at least once

MTCH Match Group Inc.

A software business, earning high margins on code once it is written.

Owner earnings 2016–2025 $266M$341M$957M$899M$746M$871M$477M$829M$882M$1.0B

Retained capital Retained $386M of earnings over 2016–2025; annual owner earnings grew $390M.

Balance sheet Meaningful net debt, $2.9B · buybacks at an average near $38.01 · dividend paid 2 of 10 yrs, cut at least once

NXDR Nextdoor Holdings Inc.

Nextdoor is the essential neighborhood network connecting over 105 million Verified Neighbors1 to the people, places, and information that matter most in their local communities.

Owner earnings 2020–2025 ($45M)($55M)($64M)($60M)($21M)$6M

Retained capital not read

Balance sheet Net cash, debt-free, +$63M

OPRA Opera Limited

Revenue is Advertising (64%) and Query (35%).

Owner earnings 2017–2025 $8M$31M($53M)$91M$26M$53M$81M$89M$112M

Retained capital Retained $221M of earnings over 2017–2025; annual owner earnings grew $99M, $0.45 per $1 retained.

Balance sheet Net cash, +$402M · dividend paid 3 of 9 yrs, never cut

PINS Pinterest Inc.

Pinterest is an AI-powered visual search and discovery platform, positioned at the intersection of search, social, and commerce.

Owner earnings 2017–2025 ($119M)($83M)($33M)$11M$744M$440M$605M$940M$1.3B

Retained capital Paid out $1.2B more than it earned over 2017–2025; annual owner earnings grew $1.0B.

Balance sheet Net cash, debt-free, +$969M · buybacks at an average near $30.79

PPLI People Incorporated

A software business, earning high margins on code once it is written.

Owner earnings 2018–2025 $315M$157M$94M$29M($223M)$96M$340M$45M

Retained capital Paid out $1.0B more than it earned over 2018–2025; annual owner earnings fell $28M.

Balance sheet Net debt against an operating loss, $466M · buybacks at an average near $44.10

RUM Rumble Inc.

A software business, earning high margins on code once it is written.

Owner earnings 2021–2025 ($5M)($34M)($98M)($90M)($74M)

Retained capital not read

Balance sheet Net cash, +$237M

RUMBW Rumble Inc.

A software business, earning high margins on code once it is written.

Owner earnings 2021–2025 ($5M)($34M)($98M)($90M)($74M)

Retained capital not read

Balance sheet Net cash, +$237M

SNAP Snap Inc.

A software business, earning high margins on code once it is written.

Owner earnings 2016–2025 ($640M)($796M)($782M)($341M)($225M)$223M$55M$78M$219M$493M

Retained capital not read

Balance sheet Net debt against an operating loss, $667M

SOGP Sound Group Inc.

A software business, earning high margins on code once it is written.

Owner earnings 2017–2025 (CN¥34M)CN¥8M(CN¥107M)CN¥19M(CN¥61M)CN¥125M(CN¥123M)(CN¥38M)CN¥277M

Retained capital Paid out CN¥483M more than it earned over 2017–2025; annual owner earnings grew CN¥83M.

Balance sheet Net cash, debt-free, +CN¥766M · dividend paid 1 of 9 yrs, never cut

WB WEIBO CORPORATION

Revenue is Revenues From Advertising Agencies (54%), Revenues From Advertisers Signing Contracts With Company Directly (32%) and Value Added Services (15%).

Owner earnings 2016–2025 $223M$524M$468M$610M$707M$779M$521M$636M$578M$477M

Retained capital Retained $2.8B of earnings over 2016–2025; annual owner earnings grew $159M, $0.06 per $1 retained.

Balance sheet Net cash, +$309M · dividend paid 3 of 10 yrs, cut at least once

XNET Xunlei Limited

Revenue is Xunlei (96%) and Hupu (4%).

Owner earnings 2016–2025 $11M($20M)($37M)($49M)($23M)$13M$48M$22M$26M$27M

Retained capital Retained $915M of earnings over 2016–2025; annual owner earnings grew $40M, $0.04 per $1 retained.

Balance sheet Net cash, +$263M

YALA Yalla Group Limited

Revenue is Group Chatting Services (63%) and Games Services (36%).

Owner earnings 2018–2025 $23M$31M$65M$143M$118M$138M$172M$136M

Retained capital Retained $494M of earnings over 2018–2025; annual owner earnings grew $109M, $0.22 per $1 retained.

Balance sheet Net cash, debt-free, +$668M · dividend paid 1 of 8 yrs, never cut

ZD Ziff Davis

Ziff Davis, Inc. is a vertically focused digital media and internet company whose portfolio includes leading brands in technology, shopping, gaming and entertainment, health and wellness, connectivity, cybersecurity, and martech.

Owner earnings 2016–2025 $258M$225M$345M$342M$388M$403M$230M$211M$284M$288M

Retained capital Retained $203M of earnings over 2016–2025; annual owner earnings fell $15M, $-0.07 per $1 retained.

Balance sheet Heavy net debt, $841M · buybacks at an average near $15.80 · dividend paid 4 of 10 yrs, cut at least once

The same shelf as one comparative table, every member a row and every column sortable: the Interactive Media & Platforms table →

The same four lines for every member, in strict ticker order; a figure that could not be read renders as "not read," never as a mark against the record beside it. The header describes the list and names no member; the entries carry no ranking and form no score. What a chapter cannot carry — understanding of the business, and a price — is yours.