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”.
Tag: #YY live streaming
Showing 6 of 6 posts with this tag
Overseas Livestreaming Drives Huya Parent JOYY’s First Quarter Revenue Growth
Video-based social media platform JOYY reported strong growth in the first quarter of 2020 as the company further pushes its overseas live-streaming apps.
5/21/20203 min read
“People’s Republic of Desire” – A Lucrative Digital Alternative to Socializing
Hao Wu’s compelling documentary, “People’s Republic of Desire”, is a riveting journey through the multi-faceted components of China’s rapidly expanding live streaming scene. It provides a comprehensive exploration of the various players that drive China’s burgeoning live streaming industry.
5/15/20194 min read
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.
Tencent Launches New Audio Social App 'Echo'
Just recently, Tencent released a live voice social app called “Echo”. When opening the app, users can see the slogan "encounter the voices you like”.
11/21/20192 min read
Baidu's $3.6 Billion Bid for YY Live Could Fail
China’s antitrust regulator is unlikely to approve Baidu’s acquisition of Joy Inc.’s video-based home live streaming business YY Live for $3.6 billion.
10/9/20213 min read