Chinese Streaming Game Platform Rockets 40% on IPO [MSN Money]
JOYY Inc. - American Depositary Shares (YY)
Last joyy inc. - american depositary shares earnings: 3/16 06:00 pm
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US:NASDAQ Investor Relations:
about.yy.com/s/investors.html
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Source: MSN Money
© Astronaut Images/Getty Images Man using laptop in living room Chances are pretty good that you've heard about e-sports but have only a vague idea of what they are. Let's just say that it's more than getting a top score in Solitaire or Tetris. Its big business and on the edge of getting bigger. Load Error China's largest streaming platform from video games and e-sports crushed its initial public offering (IPO) Friday morning. Huya ( HUYA) sold 15 million American depositary shares (ADS) at $12 each to raise $180 million at a valuation of $2.4 billion. Since breaking out of the chute, shares added about 42% to trade at a high of $17.07 shortly after trading in the stock opened. Each ADS is equal to one share of common stock. Huya was spun out of YY Inc. (YY), a Guangzhou-based live streaming social media platform that posted fiscal year 2017 revenues of $1.78 billion and net income of $383 million. In March, YY closed a series B funding round with China's Te
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YY
News
- Joyy cut at BofA, while Huya sees rating upgrade to Buy [Seeking Alpha]Seeking Alpha
- JOYY Inc. (NASDAQ: YY) had its "neutral" rating re-affirmed by analysts at Bank of America Co.. They now have a $35.00 price target on the stock.MarketBeat
- JOYY Full Year 2023 Earnings: EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
- JOYY Inc. (NASDAQ:YY) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- JOYY Reports Fourth Quarter and Full Year 2023 Financial Results: Third Consecutive Year of Profitability, Global MAU Resumes GrowthPR Newswire
YY
Earnings
- 11/29/23 - Beat
YY
Sec Filings
- 3/19/24 - Form 6-K
- 2/16/24 - Form SC
- 2/14/24 - Form SC
- YY's page on the SEC website