A display substrate includes: a first display region (A1). The first display region (A1) includes multiple display island regions (A11) spaced apart from each other, a light-transmissive region (A12) between adjacent display island regions, and a connection region (A13) connecting adjacent display island regions (A11). A display island region (A11) includes a first pixel unit (P1). The first pixel unit (P1) includes: a first region pixel circuit (13) and a first region light emitting element (11). The display island region (A11) has an arc edge.