JOYY Inc., through its subsidiaries, operates social media platforms that offer users engaging and experience across various video and audio-based social platforms. The company operates Bigo Live, a live streaming platform that allows users to live stream specific moments, such as live talk with other users, make video calls, and watch trend videos; Likee, a short-form video social platform that focuses on enabling users to create short-form video; Hago, a casual game-oriented social platform; and imo, a chat and instant messaging application with functions, including video calls, text messages, and photo and video sharing. It operates in the People's Republic of China, the United States, the Great Britain, Japan, South Korea, Australia, the Middle East, and Southeast Asia and others. The company was formerly known as YY Inc. and changed its name to JOYY Inc. in December 2019. JOYY Inc. was founded in 2005 and is headquartered in Singapore.
IPO Year: 2012
Exchange: NASDAQ
Website: joyy.sg
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/25/2025 | Hold → Buy | The Benchmark Company | |
| 3/25/2024 | Buy → Neutral | BofA Securities | |
| 1/2/2024 | Buy → Hold | The Benchmark Company | |
| 6/1/2022 | Overweight → Equal-Weight | Morgan Stanley | |
| 5/16/2022 | $40.00 | Underweight → Neutral | JP Morgan |
| 3/14/2022 | $25.00 | Overweight → Underweight | JP Morgan |
| 11/2/2021 | $99.00 → $57.00 | Neutral → Sell | Goldman |
| 7/13/2021 | $125.00 | Buy | China Renaissance |
SINGAPORE, March 19, 2025 /PRNewswire/ -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, announced its unaudited financial results for the fourth quarter and full year of 2024. In the fourth quarter, JOYY's revenue reached US$549.4 million, with BIGO achieving revenues of US$480.0 million. For the full year 2024, the Company's revenue reached US$2.24 billion. The Company's core business segment BIGO generated revenues of US$1.99 billion, with a year-over-year increase of 3.3%. Driven by continued enhancement of global operations and strong execution, JOYY achieved steady profit growth in 2024. The Company's non-GAAP[1] net profit for the full year 2024 reached
SINGAPORE, March 20, 2025 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced its unaudited financial results for the fourth quarter and full year of 2024. Fourth Quarter 2024 Financial Highlights1 Net revenues were US$549.4 million, compared to US$569.8 million in the corresponding period of 2023.Net loss attributable to controlling interest of JOYY2 was US$304.1 million, compared to net income of US$45.8 million in the corresponding period of 2023. This result includes the impact of a US$454.9 million non-cash goodwill impairment charge. Adjusted for this particular non-cash impact, net income excluding goodwill impairment a
SINGAPORE, March 12, 2025 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that it plans to release its fourth quarter and full year 2024 financial results after the U.S. market closes on March 19, 2025. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Wednesday, March 19, 2025 (9:00 AM Singapore/Hong Kong Time on Thursday, March 20, 2025). Details for the conference call are as follows: Event Title:JOYY Inc. Fourth Quarter and Full Year 2024 Earnings Conference CallConference ID:#10046092 All participants may use the link provided below to complete the online registration proc
SINGAPORE, Feb. 25, 2025 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that JOYY entered into agreements with Baidu, Inc. (NASDAQ:BIDU) ("Baidu") with respect to the sale of the video-based entertainment live streaming business in mainland China previously owned by the Company (known as YY Live), for an aggregate purchase price of approximately US$2.1 billion in cash. The Company previously received approximately US$1.86 billion in February 2021, and, today, the Company received additional cash consideration of approximately US$240 million. About JOYY Inc. JOYY is a leading global technology company with a mission t
SINGAPORE, Nov. 27, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced its unaudited financial results for the third quarter of 2024. Third Quarter 2024 Financial Highlights1 Net revenues were US$558.7 million, compared to US$567.1 million in the corresponding period of 2023.Net income attributable to controlling interest of JOYY2 was US$60.6 million, compared to US$72.9 million in the corresponding period of 2023.Non-GAAP net income attributable to controlling interest and common shareholders of JOYY3 was US$61.2 million, compared to US$81.2 million in the corresponding period of 2023. Third Quarter 2024 Operational Hi
SINGAPORE, Nov. 13, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that it plans to release its third quarter 2024 financial results after the U.S. market closes on November 26, 2024. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Tuesday, November 26, 2024 (10:00 AM Singapore/Hong Kong Time on Wednesday, November 27, 2024). Details for the conference call are as follows: Event Title:JOYY Inc. Third Quarter 2024 Earnings Conference CallConference ID:#10043422 All participants may use the link provided below to complete the online registration process in advance of the
SINGAPORE, Aug. 27, 2024 /PRNewswire/ -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global leading technology company, announced its unaudited financial results for the second quarter of 2024. During the second quarter, JOYY's revenue came in at US$565.1 million, a year-over-year increase of 3.3%. The Company's core business segment BIGO continued its topline recovery trend for the fourth consecutive quarter, generating revenues of US$507.2 million, a year-over-year increase of 7.7%. JOYY recorded net profit and non-GAAP net profit[1] of US$52.1 million and US$74.0 mil
SINGAPORE, Aug. 28, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced its unaudited financial results for the second quarter of 2024. Second Quarter 2024 Financial Highlights1 Net revenues were US$565.1 million, compared to US$547.3 million in the corresponding period of 2023.Net income attributable to controlling interest of JOYY2 was US$52.1 million, compared to US$155.1 million in the corresponding period of 2023.Non-GAAP net income attributable to controlling interest and common shareholders of JOYY3 was US$74.0 million, compared to US$97.3 million in the corresponding period of 2023. Second Quarter 2024 Oper
SINGAPORE, Aug. 14, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that it plans to release its second quarter 2024 financial results after the U.S. market closes on August 27, 2024. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Tuesday, August 27, 2024 (9:00 AM Singapore/Hong Kong Time on Wednesday, August 28, 2024). Details for the conference call are as follows: Event Title:JOYY Inc. Second Quarter 2024 Earnings Conference CallConference ID:#10041392 All participants may use the link provided below to complete the online registration process in advance of the confe
SINGAPORE, Aug. 03, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that its board of directors (the "Board") has approved a carefully planned leadership succession. Ms. Ting Li, currently Director and Chief Operating Officer of the Company, will succeed Mr. David Xueling Li as Chairperson of the Board ("Chairperson") and Chief Executive Officer ("CEO"), effective immediately. Mr. David Xueling Li will continue serving as a member of the Board, ensuring continuity and supporting ongoing business momentum. Mr. David Xueling Li stated, "JOYY has become highly globalized, cultivating an engaging and vibrant user community
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The Benchmark Company upgraded JOYY from Hold to Buy
BofA Securities downgraded JOYY from Buy to Neutral
The Benchmark Company downgraded JOYY from Buy to Hold
Morgan Stanley downgraded JOYY from Overweight to Equal-Weight
JP Morgan upgraded JOYY from Underweight to Neutral and set a new price target of $40.00
JP Morgan downgraded JOYY from Overweight to Underweight and set a new price target of $25.00
Goldman downgraded JOYY from Neutral to Sell and set a new price target of $57.00 from $99.00 previously
China Renaissance resumed coverage of JOYY with a rating of Buy and set a new price target of $125.00
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SINGAPORE, March 19, 2025 /PRNewswire/ -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, announced its unaudited financial results for the fourth quarter and full year of 2024. In the fourth quarter, JOYY's revenue reached US$549.4 million, with BIGO achieving revenues of US$480.0 million. For the full year 2024, the Company's revenue reached US$2.24 billion. The Company's core business segment BIGO generated revenues of US$1.99 billion, with a year-over-year increase of 3.3%. Driven by continued enhancement of global operations and strong execution, JOYY achieved steady profit growth in 2024. The Company's non-GAAP[1] net profit for the full year 2024 reached
SINGAPORE, Aug. 03, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that its board of directors (the "Board") has approved a carefully planned leadership succession. Ms. Ting Li, currently Director and Chief Operating Officer of the Company, will succeed Mr. David Xueling Li as Chairperson of the Board ("Chairperson") and Chief Executive Officer ("CEO"), effective immediately. Mr. David Xueling Li will continue serving as a member of the Board, ensuring continuity and supporting ongoing business momentum. Mr. David Xueling Li stated, "JOYY has become highly globalized, cultivating an engaging and vibrant user community
SINGAPORE, May 28, 2024 /PRNewswire/ -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global leading technology company, announced its unaudited financial results for the first quarter of 2024. During the first quarter, JOYY's revenue came in at US$564.6 million. The Company's core business segment BIGO continued its topline recovery trend, generating revenues of US$505.2 million, a year-over-year increase of 8.0%. JOYY recorded net profit and non-GAAP net profit1 of US$ 45.3 million and US$67.2 million, with GAAP and non-GAAP net margins1 of 8.0% and 11.9%, respectively. The BIGO segment's net profit and non-GAAP net profit1 reached US$61.0 million and US$71.2 million, with GAAP and n
SINGAPORE, March 20, 2025 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced its unaudited financial results for the fourth quarter and full year of 2024. Fourth Quarter 2024 Financial Highlights1 Net revenues were US$549.4 million, compared to US$569.8 million in the corresponding period of 2023.Net loss attributable to controlling interest of JOYY2 was US$304.1 million, compared to net income of US$45.8 million in the corresponding period of 2023. This result includes the impact of a US$454.9 million non-cash goodwill impairment charge. Adjusted for this particular non-cash impact, net income excluding goodwill impairment a
SINGAPORE, March 12, 2025 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that it plans to release its fourth quarter and full year 2024 financial results after the U.S. market closes on March 19, 2025. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Wednesday, March 19, 2025 (9:00 AM Singapore/Hong Kong Time on Thursday, March 20, 2025). Details for the conference call are as follows: Event Title:JOYY Inc. Fourth Quarter and Full Year 2024 Earnings Conference CallConference ID:#10046092 All participants may use the link provided below to complete the online registration proc
SINGAPORE, Nov. 27, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced its unaudited financial results for the third quarter of 2024. Third Quarter 2024 Financial Highlights1 Net revenues were US$558.7 million, compared to US$567.1 million in the corresponding period of 2023.Net income attributable to controlling interest of JOYY2 was US$60.6 million, compared to US$72.9 million in the corresponding period of 2023.Non-GAAP net income attributable to controlling interest and common shareholders of JOYY3 was US$61.2 million, compared to US$81.2 million in the corresponding period of 2023. Third Quarter 2024 Operational Hi
SINGAPORE, Nov. 13, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that it plans to release its third quarter 2024 financial results after the U.S. market closes on November 26, 2024. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Tuesday, November 26, 2024 (10:00 AM Singapore/Hong Kong Time on Wednesday, November 27, 2024). Details for the conference call are as follows: Event Title:JOYY Inc. Third Quarter 2024 Earnings Conference CallConference ID:#10043422 All participants may use the link provided below to complete the online registration process in advance of the
SINGAPORE, Aug. 28, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced its unaudited financial results for the second quarter of 2024. Second Quarter 2024 Financial Highlights1 Net revenues were US$565.1 million, compared to US$547.3 million in the corresponding period of 2023.Net income attributable to controlling interest of JOYY2 was US$52.1 million, compared to US$155.1 million in the corresponding period of 2023.Non-GAAP net income attributable to controlling interest and common shareholders of JOYY3 was US$74.0 million, compared to US$97.3 million in the corresponding period of 2023. Second Quarter 2024 Oper
SINGAPORE, Aug. 14, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that it plans to release its second quarter 2024 financial results after the U.S. market closes on August 27, 2024. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Tuesday, August 27, 2024 (9:00 AM Singapore/Hong Kong Time on Wednesday, August 28, 2024). Details for the conference call are as follows: Event Title:JOYY Inc. Second Quarter 2024 Earnings Conference CallConference ID:#10041392 All participants may use the link provided below to complete the online registration process in advance of the confe
SINGAPORE, May 29, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced its unaudited financial results for the first quarter of 2024. First Quarter 2024 Financial Highlights1 Net revenues were US$564.6 million, compared to US$583.6 million in the corresponding period of 2023.Net income attributable to controlling interest of JOYY2 was US$45.3 million, compared to US$28.0 million in the corresponding period of 2023.Non-GAAP net income attributable to controlling interest and common shareholders of JOYY3 was US$67.2 million, compared to US$49.9 million in the corresponding period of 2023. First Quarter 2024 Operation
SINGAPORE, May 17, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that it plans to release its first quarter 2024 financial results after the U.S. market closes on May 28, 2024. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Tuesday, May 28, 2024 (9:00 AM Singapore/Hong Kong Time on Wednesday, May 29, 2024). Details for the conference call are as follows: Event Title:JOYY Inc. First Quarter 2024 Earnings Conference CallConference ID:#10039137 All participants may use the link provided below to complete the online registration process in advance of the conference ca
SINGAPORE, March 18, 2024 /PRNewswire/ -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global leading technology company, announced its unaudited financial results for the fourth quarter and full year of 2023. During the fourth quarter, JOYY's revenue came in at US$570 million. The Company's core business segment BIGO generated revenues of US$491 million, up 3.1% year over year. For the full year of 2023, JOYY's revenue reached US$2.27 billion, with BIGO contributing US$1.92 billion. Due to continued optimization of operational efficiencies and strong execution, JOYY delivered continued profitability for the third consecutive year. The Company's net profit and non-GAAP net profit1 for
SINGAPORE, March 19, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced its unaudited financial results for the fourth quarter and full year of 2023. Fourth Quarter 2023 Financial Highlights1 Net revenues were US$569.8 million, compared to US$604.9 million in the corresponding period of 2022.Net income attributable to controlling interest of JOYY2 was US$45.8 million, compared to net loss of US$377.5 million in the corresponding period of 2022.Non-GAAP net income attributable to controlling interest and common shareholders of JOYY3 was US$64.2 million, compared to US$50.0 million in the corresponding period of 2022.