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YY Inc (YY.OQ)

YY.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

YY qtrly non-gaap diluted net income per ads rmb 10.17
Tuesday, 14 Mar 2017 06:00am EDT 

Yy Inc : Yy reports fourth quarter and full year 2016 unaudited financial results . Sees q1 2017 revenue rmb 2.2 billion to rmb 2.3 billion . Sees q1 2017 revenue up about 33.4 to 39.5 percent . Yy inc qtrly net revenues increased by 30.8 percent to rmb 2,484.2 million . Yy inc qtrly diluted net income per ads rmb 9.74 . Yy inc- for q1 of 2017, company expects its net revenues to be between rmb2.2 billion and rmb2.3 billion .Yy inc qtrly non-gaap diluted net income per ads rmb 10.17.  Full Article

YY Inc reports 8.5 pct passive stake in China Online Education Group
Wednesday, 8 Feb 2017 06:24am EST 

China Online Education Group - :YY Inc reports a 8.5 percent passive stake in China Online Education Group as of December 31, 2016 -SEC filing.  Full Article

Yy reports third quarter 2016 unaudited financial results
Monday, 21 Nov 2016 06:00am EST 

Yy Inc - : Qtrly diluted net income per ADS RMB 6.90 (us$1.03) . Qtrly non-gaap diluted net income per ADS RMB 7.48 (US$1.12) . Yy reports third quarter 2016 unaudited financial results . Sees Q4 2016 revenue RMB 2.4 billion to RMB 2.5 billion . Q3 revenue rose 40.3 percent to RMB 2.09 billion .Sees Q4 2016 revenue up about 26.3 to 31.6 percent.  Full Article

Melvin Capital Management LP reports a 6.5 pct passive stake in YY Inc
Monday, 22 Aug 2016 01:13pm EDT 

:Melvin Capital Management LP reports a passive stake of 6.5 percent in YY Inc as of August 18, 2016 - SEC Filing.  Full Article

YY Inc says David Xueling Li to succeed Jun Lei co's chairman and resign as CEO
Wednesday, 17 Aug 2016 04:05pm EDT 

YY Inc : YY Inc. announces management changes . David Xueling Li, will succeed Mr. Lei as company's chairman and resign as ceo .Jun Lei has tendered his resignation as chairman and a member of company's board of directors.  Full Article

YY Inc sees Q3 2016 revenue RMB 2.0 bln to RMB 2.1 bln
Wednesday, 17 Aug 2016 04:05pm EDT 

Yy Inc : Yy reports second quarter 2016 unaudited financial results . Sees q3 2016 revenue rmb 2.0 billion to rmb 2.1 billion . Q2 revenue rose 45.9 percent to rmb 1.981 billion . Sees q3 2016 revenue up about 34 to 41 percent . Says non-gaap diluted net income per ads increased by 25.7% to rmb6.65 (us$1.00) in q2 of 2016 .Says diluted net income per ads increased by 17.1% to rmb5.97 (us$0.90) in q2 of 2016.  Full Article

YY receives withdrawal of buyer group's going private proposal
Wednesday, 15 Jun 2016 08:00am EDT 

YY Inc : Received a letter from Mr. Jun Lei, chairman of board, and Mr. David Xueling Li, director and chief executive officer . Letter stating that buyer group would withdraw non-binding going private proposal dated July 9, 2015, with immediate effect . Board has authorized a program under which YY over next 12 months may repurchase up to an aggregate of US$200 million worth of its shares . Board has authorized a program under which YY over next 12 months may also repurchase convertible senior notes due in 2019 . Share and convertible note repurchase program will be funded by company's available cash balance. .YY announces receipt of withdrawal of buyer group's going private proposal.  Full Article

YY Inc Q1 earnings per ADS RMB3.65
Tuesday, 31 May 2016 05:00am EDT 

YY Inc : YY reports first quarter 2016 unaudited financial results . Q1 revenue rose 43.4 percent to RMB 1.649 billion . Qtrly diluted net income per ADS was RMB3.65 . Due to transition to increasing amount of UGC content revenues across YY platform, continued to experience compression to gross, operating margins .Qtrly non GAAP diluted net income per ADS increased by 5.3% to RMB4.59.  Full Article

Investors halted their $2.5 bln offer for YY Inc - WSJ, citing sources
Thursday, 12 May 2016 05:32am EDT 

: Investors halted the offer for YY Inc due to China's uncertain capital markets - WSJ, citing sources .Group of investors halted their $2.5 billion offer for chinese online-karaoke site YY Inc - WSJ, citing source.  Full Article

YY Inc gives Q2 2015 revenue outlook
Monday, 11 May 2015 07:22pm EDT 

YY Inc:Expects Q2 2015 net revenues to be between 1.27 billion yuan and 1.29 billion yuan, representing year-over-year growth of about 51 pct. to 53 pct.  Full Article

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BRIEF-YY qtrly non-gaap diluted net income per ads rmb 10.17

* Yy reports fourth quarter and full year 2016 unaudited financial results