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JOYY Inc (JOYY) is a technology company that carries out the development and operation of innovative social media platforms. The company operates various social media platforms, including Bigo Live (livestreaming platform), Likee (short-form video social platform), and Hago (multi-user social networking platform), to facilitate real-time interaction among users. Its platforms offer a range of features, from live streaming and short-form video creation to casual gaming and 3D interactive scenes. JOYY's services are utilized by individuals worldwide for various purposes, including social networking, content creation, and entertainment. The company has operational presence in North America, Europe, Southeast Asia, the Middle East, and South America. JOYY is headquartered in Singapore.
Headquarters
Singapore
Address
30 Pasir Panjang Road #15-31a, Singapore, 117440
Website
www.joyy.com
Telephone
65 6 3519330
No of Employees
5,421
Industry
Technology and Communications
Ticker Symbol & Exchange
JOYY (NASD)
Revenue (2024)
$2.1B
-5.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
1535%
(2024 vs 2023)
Market Cap*
$3.5B
Net Profit Margin (2024)
XYZ
1,612.7%
(2024 vs 2023)
* As of and is in US$
JOYY Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Social Live Streaming Platform (Bigo Live i) | Audio and Video Communication Services | Bigo Live |
| Short Video Social Platform (Likee) | Likee | |
| Instant Messenger (IMO) | Hago | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2020 | Acquisitions/Mergers/Takeovers | In November, Baidu, Inc acquired JOYY’s domestic video-based entertainment live streaming business (“YY Live”), which includes the YY mobile app, YY.com website, and PC YY. |
| 2020 | Contracts/Agreements | In August, the company signed a definitive share transfer agreement with Linen Investment Ltd to transfer 30,000,000 Class B ordinary shares of HUYA Inc for US$810.0 million. |
| 2019 | Corporate Changes/Expansions | In December, the company changed its name from YY Inc to JOYY Inc. |
Competitor Comparison
| Key Parameters | JOYY Inc | Tencent Holdings Ltd | NetEase Inc | Shopify Inc | AppLovin Corp |
|---|---|---|---|---|---|
| Headquarters | Singapore | China | China | Canada | United States of America |
| City | Singapore | Shenzhen | Hangzhou | Ottawa | Palo Alto |
| State/Province | - | Guangdong | Zhejiang | Ontario | California |
| No. of Employees | 5,421 | 110,558 | 25,382 | 7,600 | 898 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ting Li | Chief Executive Officer; Chairman | Executive Board | 2024 | 43 |
| Fuyong Liu | Vice President - Finance | Senior Management | 2023 | 41 |
| Richard Weidong Ji | Director | Non Executive Board | 2013 | 58 |
| Qin Liu | Director | Non Executive Board | 2008 | 53 |
| Peter Andrew Schloss | Director | Non Executive Board | 2012 | 65 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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