YY rebrands social platform to speed-dating app ‘Zhuiya’

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Looking ahead, we believe that our thriving global ecosystem will enable our network effects to strengthen, product matrix synergies to evolve, and user base to expand. Despite the outbreak of COVID and resulting macroeconomic and geopolitical uncertainty, we believe that the global landscape for live streaming and short-form videos remains promising, and we plan to uphold our commitment to building a truly world-class video-based social media platform for all.

In the second quarter of , our total revenues grew by While the impact of COVID on the macro economy is generally impossible to predict, we are confident that the underlying strength of our business model, sufficient cash reserves, and strong cash generation capabilities will enable us to sustain our growth momentum going forward.

As such, our long-term plans remain largely unchanged, and we will continue to invest in cultivating our global live streaming and short-from video ecosystem to empower our dual-growth engine.

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That rally fizzled out this year, however, as coronavirus fears slammed Chinese stocks and new rivals entered the online dating market. Yet Momo’s stock still looks cheap relative to its growth. I recently noted that Momo’s valuation was ” too cheap to ignore ,” but investors should still recognize the three biggest threats to its growth if they plan to buy the stock. Both apps are commonly used for online dating.

Momo’s video platform also survived that purge, but Tantan was temporarily booted from China’s app stores last year amid allegations of inappropriate ads. Momo also voluntarily suspended news feed posts on both apps for an internal review. Momo never disclosed the nature of those ads, but several reports claimed that prostitution ads were circumventing its filters. However, the threat of another crackdown still casts storm clouds over Momo’s long-term future.

Y WeChat is the top mobile messaging app in China with over 1. WeChat’s ubiquitous nature makes it an ideal platform for forging social connections. But that’s not all. Those moves all suggest that Tencent wants to chase Momo into the dating market to offset WeChat’s slowing growth. Momo still enjoys a first mover’s advantage in the online dating market, but Tencent could keep tossing new dating apps at Momo until one of them finally cracks the market leader’s shell.

YY Inc.’s Huya Subsidiary Raises US$75 Million

The small vertical bars show how each has changed over the last 8 F filings current value on left in blue. Log in Sign up free. Example searches. YY Dashboard YY. JOYY, Inc.

YY to Announce Second Quarter Financial Results entertainment, online games, online dating, live game broadcasting and education.

Hong Kong time. Meanwhile, we will focus on operating our international business lines such as Likee, Bigo Live, IMO and Hago, to further cultivate our ecosystem and better serve the rising demands of video-based products and services for global users. YY has filed its annual report on Form F, including its audited financial statements for the fiscal year ended December 31, , with the U. YY Inc.

YY enables users to interact with each other in real time through online live media and offers users a uniquely engaging and immersive entertainment experience. In addition, YY completed the acquisition of Bigo in March Bigo is a fast-growing global tech company. Headquartered in Singapore, Bigo owns Bigo Live, a leading global live streaming platform outside China; Likee, a leading global short-form video social platform; IMO, a global video communication app, and other social applications.

YY has created an online community for global video and live streaming users. ICR, Inc.

JOYY Inc (ADR)

YY Stock Chart. Take your trading to the next level Start free trial. Videos only. Enterprise Value, FQ —. Market Cap — Basic —. Number of Employees —.

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YY Inc. YY is a leading online streaming media and gaming company in China. The company continues to invest in expanding both within China and overseas. The market for streaming media in China has experienced strong growth and is expected to continue to grow moving forward. Purchasing shares of YY Inc. The company operates two main platforms. YY Live offers live entertainment and streaming through its mobile and PC applications. The company offers live online streaming entertainment to its users.

Streaming services are offered on its mobile and PC platforms. User may stream content in various channels including music, dance, and talk shows, outdoor activities, sports, and games.

JOYY Inc. ADR

If you want to invest in a Chinese tech stock and you have never heard of YY Inc. Nasdaq: YY , you need to start doing your homework. YY is a live-streaming platform in China that users can use to interact in real-time online group activities through video, test, and voice messages. For this year, YY is aiming for a With analysts forecasting high-double-digit growth in the internet-content industry, earnings for YY are expected to continue growing nearly 18 percent next year, while company sales are estimated to go up nearly 12 percent.

Similar to its competitor, Momo, users can create groups and participate in online music and entertainment, live game broadcasting, and online dating.

Also known as: Y Y Yakshees: primary name: Yakshees, Y Y. Details: unknown. Other dates: (active). Address: USSR. Biography: Donated Polish and.

Capital, LLC All Rights Reserved. Careers Newsroom. Login Forgot Password. Getting into 4Q19, the recovery is faster. YY While the company maintains healthy growth of its core live broadcasting business, it is investing in overseas expansion hoping the successful experience of live business in China can be transferred to the overseas market. One way to push for monetization is via hosting events and adding new features to its APPs.

The company also needs to invest in Tantan, and as such, we believe the margin is likely to be lower than 2Q18 and 3Q We are positive on Huya and cautious on YY Live into earnings.

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View yy business summary and other industry information. Its services include music and entertainment, online games, online dating, live game broadcasting.

Yy dating Connect with asian women like to start chatting without. Its services include music, live is now our third biggest. Look at the most profitable online dating y. Online dating service. Asiandate is full of revenue. This from jp is so nerve-racking, a new york, just got this round has reportedly secured a public chinese. Home dating site his own africanizing. Adr stock quotes and music, y.

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Chinese livestreaming company YY has relaunched one of its social media apps with a heavier focus on online dating. The new product looks to connect users based upon their interests and hobbies. When they first log in, singles choose tags that are most relevant to their interests before entering into a public chatroom with people who made similar selections. Like with the majority of YY subsidiaries, there is a livestreaming element to the product.

Two performers go head-to-head to see who can receive the most amount of virtual gifts from the watching audience. Representatives explained that it is not a completely new product, describing it at an update to an already established app.

Its services include music and entertainment, online games, online dating, live game broadcasting, online education, and advertising. It operates through.

New York Markets Open in:. Market Snapshot Analyst Ratings. Volume 8, JOYY, Inc. Its services include music and entertainment, online games, online dating, live game broadcasting, online education, and advertising. It opera The Live Streaming segment engages in the sales of in-channel virtual items used on live streaming platforms, including YY Live platform and Huya platform.

The Online Games segment engages in the sales of in-game virtual items used for games. The Membership segment engages in the collection of membership subscription fees. The Others segment engages in the online education platform and online advertising and promotion. Chinese content plays like iQiyi could benefit as coronavirus curtails travel, says strategist. China’s version of Twitch to go public in U.

Bull trend pauses intraday , U.

Is YY a Smart Investment?

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The 3 Biggest Risks to Momo’s Stock

Remember Me. It creates new roles for market participants and enables content creators, merchants and platform owners to commercialize through the platform. In China, the earlier wave of live broadcasting application kicked off from the PC side in in gaming arena, but not until the mobile live streaming became available thanks to the cheaper and faster broadband offering and higher mobile penetration did live streaming really go spiral in

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I Bought Huya’s Stock Recently. They are also not research reports and are not intended to serve as the basis for any investment decision. By using this site you agree to the. Jul J. Since then, YY stock has increased by The Online Games segment engages in the sales of in-game virtual items used for games. None have rated the stock … The Live Streaming segment engages in the sales of in-channel virtual items used on live streaming platforms, including YY Live platform and Huya platform.

Jun 11 YY Inc. View the real-time YY price chart on Robinhood and decide if you want to buy or sell commission-free. May 7,

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