joyy Archives - Pandaily

Baidu Terminates $3.6 Billion Acquisition of YY Live

Delivery conditions have not been fully met, Baidu, Inc. terminates the $3.6 billion acquisition of YY Live.

Social Livestreaming Platform Bigo Live Removed From App Store

The social livestreaming platform, Bigo Live, has been removed from the App Store as of April 9. There has been no response from Bigo regarding the matter.

ByteDance Tops Data.ai’s List of Chinese Non-Game Publishers by Overseas Revenue

Data.ai on Wednesday released a report on the top 30 Chinese non-game publishers in terms of overseas revenue for March, 2022. The top three spots were again occupied by ByteDance, JOYY and Tencent.

JOYY Reports 16.8% YoY Revenue Increase in Q4, Driven by Livestreaming

JOYY Inc., a global video-based social media company, on Tuesday announced its unaudited financial results for the fourth quarter and full year of 2021.

Kuaishou Appoints Jin Bing as CFO, to Report to CEO Cheng Yixiao

Kuaishou, a leading content community in China, appointed Jin Bing as the Chief Financial Officer of the company on Monday.

JOYY’s 2021 Q2 Revenue Increases by 39.7% Year-on-Year

Live streaming platform and BIGO owner JOYY announced its unaudited financial results for the second quarter of 2021 on Thursday, showing revenue reaching $662 million, up 39.7% year-on-year.

Three U.S.-Listed Chinese Tech Firms to Seek Secondary Listings in Hong Kong

Three leading Chinese technology firms, Tencent Music Entertainment Group, online retailer Vipshop, and live-streaming platform Joyy, are currently seeking secondary listings in Hong Kong.

Joyy Rejects Fraud Claim by Research Firm, Citing Ignorance of China’s Live-stream Industry

Chinese social media and entertainment site Joyy Inc. rejected allegations of fraud by Muddy Waters Research, saying the report it published was full of “misinformation, erroneous statements and misleading conclusions.”

Joyy Shares Tumble 26% after Research Firm Calls it “a Multibillion-dollar Fraud”

Shares of Chinese social media and entertainment site Joyy Inc. plunged more than 26% after a research firm accused it of being a “multibillion-dollar fraud”.

Baidu Releases Quarterly Financial Report, Set to Buy JOYY’s Livestreaming Operations in China

On Nov. 17, Baidu released its financial results for the third quarter of 2020, ending on Sept. 30.

Baidu Nearing Deal To Acquire JOYY’s Domestic Operations

Baidu has almost completed negotiations to buy JOYY’s operations in China, according to business digital media Jiemian. The deal excludes JOYY’s overseas business, which is said to continue running independently.

Everything about China's Innovation