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YY Inc (YY.OQ)

YY.OQ on NASDAQ Stock Exchange Global Select Market

72.49USD
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$-2.40 (-3.20%)
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$74.89
Open
$73.25
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$73.25
Day's Low
$71.11
Volume
247,195
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$142.97
52-wk Low
$66.60

Latest Key Developments (Source: Significant Developments)

HUYA Q1 Non-GAAP Earnings Per Share RMB 0.35
Tuesday, 5 Jun 2018 05:30pm EDT 

June 5 (Reuters) - HUYA Inc ::HUYA REPORTS FIRST QUARTER 2018 UNAUDITED FINANCIAL RESULTS.Q1 NON-GAAP EARNINGS PER SHARE RMB 0.35.Q1 LOSS PER SHARE $0.79.Q1 REVENUE ROSE 111.5 PERCENT TO RMB 843.6 MILLION.SEES Q2 2018 REVENUE RMB 970 MILLION TO RMB 1.0 BILLION.AVERAGE MOBILE MAUS IN Q1 REACHED 41.5 MILLION.AVERAGE MAUS IN Q1 OF 2018 REACHED 92.9 MILLION, REPRESENTING AN INCREASE OF 19.2%.HUYA - TOTAL NUMBER OF PAYING USERS IN Q1 REACHED 3.4 MILLION, UP 34.9% FROM 2.5 MILLION IN Q1 OF 2017.EXPECTS TO HAVE A FAIR VALUE LOSS ON DERIVATIVE LIABILITIES OF PREFERRED SHARES AMOUNTING TO ABOUT RMB2.3 BILLION IN Q2.EXPECTS Q2 FAIR VALUE LOSS TO HAVE IMPACT ON NET INCOME ATTRIBUTABLE TO CO.  Full Article

YY Announces Strategic Investment In BIGO
Tuesday, 5 Jun 2018 08:04am EDT 

June 5 (Reuters) - YY Inc ::YY ANNOUNCES STRATEGIC INVESTMENT IN BIGO INC..YY INC - FURTHER INVESTED $272 MILLION IN SERIES D PREFERRED SHARES OF BIGO AS LEAD INVESTOR.YY INC - CO HAS BECOME LARGEST SHAREHOLDER OF BIGO AFTER SERIES D FINANCING.YY INC- OBTAINED RIGHT,EXERCISABLE AFTER FIRST ANNIVERSARY OF CLOSING DATE, TO BUY BIGO SHARES AT THEN FAIR PRICE EXCEEDING 50.1% VOTING POWER IN BIGO.  Full Article

Huya ADS Open At $15.50 In Debut, About 30 Pct Above IPO Price
Friday, 11 May 2018 10:52am EDT 

May 11 (Reuters) - :HUYA INC ADS OPEN AT $15.50 IN DEBUT ON NYSE VERSUS IPO PRICE OF $12.00/ADS.  Full Article

YY Reports Fourth Quarter And Full Year 2017 Unaudited Financial Results
Monday, 5 Mar 2018 05:00pm EST 

March 5 (Reuters) - Yy Inc ::YY REPORTS FOURTH QUARTER AND FULL YEAR 2017 UNAUDITED FINANCIAL RESULTS.Q4 REVENUE ROSE 46 PERCENT TO RMB 3.627 BILLION.SEES Q1 2018 REVENUE RMB 3.0 BILLION TO RMB 3.15 BILLION.SEES Q1 2018 REVENUE UP 32.3 TO 39 PERCENT.DILUTED NET INCOME PER ADS INCREASED BY 18.4% TO RMB11.53 (US$1.77) IN Q4 OF 2017.NON-GAAP DILUTED NET INCOME PER ADS INCREASED BY 45.2% TO RMB14.77 (US$2.27) IN Q4 OF 2017.HUYA SUBMITTED DRAFT REGISTRATION STATEMENT ON FORM F-1 ON A CONFIDENTIAL BASIS TO U.S. SEC FOR POSSIBLE IPO OF ADSS.NUMBER OF ADSS PROPOSED TO BE OFFERED, SOLD AND DOLLAR AMOUNT PROPOSED TO BE RAISED IN PROPOSED IPO OF HUYA INC HAVE NOT YET BEEN DETERMINED.  Full Article

YY reports Q3 revenue RMB 3.092 bln vs I/B/E/S view RMB 2.81 bln
Tuesday, 14 Nov 2017 04:45pm EST 

Nov 14 (Reuters) - YY Inc :YY reports third quarter 2017 unaudited financial results.Q3 revenue RMB 3.092 billion versus I/B/E/S view RMB 2.81 billion.Sees Q4 2017 revenue RMB 3.4 billion to rmb 3.5 billion.Sees Q4 2017 revenue up 36.5 to 40.6 percent.YY Inc - ‍qtrly diluted net income per ads increased by 52.3% to RMB10.51​.YY Inc - qtrly ‍non-GAAP diluted net income per ads increased by 41.2% to RMB10.56.  Full Article

YY Inc prices offering of 5.75 mln ADS at $70 per ADS
Wednesday, 16 Aug 2017 01:45am EDT 

Aug 16 (Reuters) - YY Inc ::ANNOUNCES PRICING OF OFFERING OF AMERICAN DEPOSITARY SHARES.PRICING OF 5.75 MILLION AMERICAN DEPOSITARY SHARES, EACH REPRESENTING 20 CLASS A COMMON SHARES OF COMPANY, AT US$70 PER ADS.  Full Article

YY announces proposed offering of about 5.8 American depositary shares
Monday, 14 Aug 2017 05:17pm EDT 

Aug 14 (Reuters) - YY Inc -:YY Inc announces proposed offering of 5,750,000 american depositary shares.YY Inc - ‍commencement of offering of 5.8 million american depositary shares​.  Full Article

YY reports Q2 revenue RMB 2.609 billion
Thursday, 10 Aug 2017 06:00am EDT 

Aug 10 (Reuters) - YY Inc :YY reports second quarter 2017 unaudited financial results.Q2 revenue RMB 2.609 billion versus I/B/E/S view RMB 2.48 billion.Sees Q3 2017 revenue RMB 2.75 billion to RMB 2.85 billion.Sees Q3 2017 revenue up about 31.6 to 36.4 percent.Qtrly diluted net income per ads $1.47.Q2 earnings per share view CNY 8.41, revenue view CNY 2.48 billion -- Thomson Reuters I/B/E/S.Qtrly non-GAAP diluted net income per ads $1.53.YY Inc qtrly ‍ mobile live streaming monthly active users (MAU) increased by 27.1 percent year over year to over 66.1 million​.YY Inc qtrly ‍total live streaming paying users increased by 46.1 percent year over year to over 5.7 million​.  Full Article

YY Inc reports resignation of CEO Zhou Chen
Tuesday, 16 May 2017 09:19am EDT 

May 16 (Reuters) - YY Inc ::YY Inc. Announces resignation of chief executive officer.Says Zhou Chen has tendered his resignation as chief executive officer.YY says Zhou Chen has tendered his resignation as chief executive officer for health reasons, effective immediately.YY - Zhou Chen will continue to serve company as a strategic advisor.YY says David Xueling Li, company's chairman, will assume role of acting CEO.  Full Article

YY Inc.’s Huya subsidiary raises $75 mln
Tuesday, 16 May 2017 09:17am EDT 

May 16 (Reuters) - YY Inc ::YY Inc says entered into a definitive shares subscription agreement for a US$75 million series a equity funding round for Huya Inc.YY Inc-series A round led by China Ping an insurance overseas (holdings) limited,with participation from Banyan Partners, Engage Capital, Morningside.YY Inc - following completion of series a equity funding, YY will maintain majority ownership of Huya.  Full Article

BRIEF-Yy Announces Full Exercise Of Over-Allotment Option In Huya Inc.'S Initial Public Offering

* YY ANNOUNCES FULL EXERCISE OF OVER-ALLOTMENT OPTION IN HUYA INC.'S INITIAL PUBLIC OFFERING