Edition:
India

YY Inc (YY.OQ)

YY.OQ on NASDAQ Stock Exchange Global Select Market

108.54USD
15 Dec 2017
Change (% chg)

$0.27 (+0.25%)
Prev Close
$108.27
Open
$108.25
Day's High
$109.97
Day's Low
$106.80
Volume
547,079
Avg. Vol
540,451
52-wk High
$123.45
52-wk Low
$37.82

Latest Key Developments (Source: Significant Developments)

YY reports Q3 revenue RMB 3.092 bln vs I/B/E/S view RMB 2.81 bln
Wednesday, 15 Nov 2017 

Nov 14 (Reuters) - YY Inc :YY reports third quarter 2017 unaudited financial results.Q3 revenue RMB 3.092 billion versus I/B/E/S view RMB 2.81 billion.Sees Q4 2017 revenue RMB 3.4 billion to rmb 3.5 billion.Sees Q4 2017 revenue up 36.5 to 40.6 percent.YY Inc - ‍qtrly diluted net income per ads increased by 52.3% to RMB10.51​.YY Inc - qtrly ‍non-GAAP diluted net income per ads increased by 41.2% to RMB10.56.  Full Article

YY sees Q2 2017 revenue up about 23.7 to 28.7 percent
Wednesday, 10 May 2017 

May 10 (Reuters) - YY Inc : :YY reports first quarter 2017 unaudited financial results.Sees Q2 2017 revenue RMB 2.45 billion to RMB 2.55 billion.Sees Q2 2017 revenue up about 23.7 to 28.7 percent.Qtrly net revenues increased by 37.4pct to RMB2,267.0 million from RMB1,649.3 million in corresponding period of 2016.Qtrly non-GAAP net income attributable to YY increased by 115.7pct to RMB565.7 million from RMB262.3 million in corresponding period of 2016.YY Inc - diluted net income per ADS increased by 153.4pct to RMB9.25 in Q1 of 2017.YY Inc - non-GAAP diluted net income per ads increased by 109.6pct to RMB9.62 in Q1 of 2017.  Full Article

Melvin Capital Management LP reports a 6.5 pct passive stake in YY Inc
Monday, 22 Aug 2016 

:Melvin Capital Management LP reports a passive stake of 6.5 percent in YY Inc as of August 18, 2016 - SEC Filing.  Full Article

YY Inc says David Xueling Li to succeed Jun Lei co's chairman and resign as CEO
Thursday, 18 Aug 2016 

YY Inc : YY Inc. announces management changes . David Xueling Li, will succeed Mr. Lei as company's chairman and resign as ceo .Jun Lei has tendered his resignation as chairman and a member of company's board of directors.  Full Article

YY Inc sees Q3 2016 revenue RMB 2.0 bln to RMB 2.1 bln
Thursday, 18 Aug 2016 

Yy Inc : Yy reports second quarter 2016 unaudited financial results . Sees q3 2016 revenue rmb 2.0 billion to rmb 2.1 billion . Q2 revenue rose 45.9 percent to rmb 1.981 billion . Sees q3 2016 revenue up about 34 to 41 percent . Says non-gaap diluted net income per ads increased by 25.7% to rmb6.65 (us$1.00) in q2 of 2016 .Says diluted net income per ads increased by 17.1% to rmb5.97 (us$0.90) in q2 of 2016.  Full Article

YY receives withdrawal of buyer group's going private proposal
Wednesday, 15 Jun 2016 

YY Inc : Received a letter from Mr. Jun Lei, chairman of board, and Mr. David Xueling Li, director and chief executive officer . Letter stating that buyer group would withdraw non-binding going private proposal dated July 9, 2015, with immediate effect . Board has authorized a program under which YY over next 12 months may repurchase up to an aggregate of US$200 million worth of its shares . Board has authorized a program under which YY over next 12 months may also repurchase convertible senior notes due in 2019 . Share and convertible note repurchase program will be funded by company's available cash balance. .YY announces receipt of withdrawal of buyer group's going private proposal.  Full Article

YY Inc Q1 earnings per ADS RMB3.65
Tuesday, 31 May 2016 

YY Inc : YY reports first quarter 2016 unaudited financial results . Q1 revenue rose 43.4 percent to RMB 1.649 billion . Qtrly diluted net income per ADS was RMB3.65 . Due to transition to increasing amount of UGC content revenues across YY platform, continued to experience compression to gross, operating margins .Qtrly non GAAP diluted net income per ADS increased by 5.3% to RMB4.59.  Full Article

Investors halted their $2.5 bln offer for YY Inc - WSJ, citing sources
Thursday, 12 May 2016 

: Investors halted the offer for YY Inc due to China's uncertain capital markets - WSJ, citing sources .Group of investors halted their $2.5 billion offer for chinese online-karaoke site YY Inc - WSJ, citing source.  Full Article

BRIEF-YY reports Q3 revenue RMB 3.092 bln vs I/B/E/S view RMB 2.81 bln

* Q3 revenue RMB 3.092 billion versus I/B/E/S view RMB 2.81 billion