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XNET
Benzinga
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Xunlei Rediscovers Its 'Thunder' With Return To Video Roots

1. Xunlei's revenue rose 30.6% in Q3, driven by livestreaming services growth. 2. Stock surged over fivefold in a year, with a 96% rise recently. 3. Acquisition of Hupu reflects strategy to target overseas livestreaming markets. 4. Significant gains reported from Arashi Vision investment boost confidence. 5. Company's growth potential remains in livestreaming, targeting overseas Chinese speakers.

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FAQ

Why Bullish?

Xunlei's revenue growth and investments in livestreaming indicate strong future performance potential. Its recent successes contrast with lower performance in previous years, demonstrating a recovery trajectory comparable to other undervalued stocks in the market.

How important is it?

The article presents substantial data on revenue growth and positive strategic changes that are highly relevant to XNET's investment landscape, making it a critical read for investors tracking the stock.

Why Long Term?

The shift towards livestreaming and overseas markets suggests sustained growth over several quarters as it builds its user base. Historical examples, such as similar recoveries by tech companies, underline potential for long-term growth.

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