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YY Inc (YY.OQ)

YY.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

YY Reports Second Quarter 2019 Unaudited Financial Results
Wednesday, 14 Aug 2019 

Aug 13 (Reuters) - YY Inc ::YY REPORTS SECOND QUARTER 2019 UNAUDITED FINANCIAL RESULTS.QTRLY BASIC NET INCOME PER ADS $0.05 .QTRLY DILUTED NET INCOME PER ADS $0.04 .Q2 REVENUE RMB 6.295 BILLION VERSUS REFINITIV IBES ESTIMATE OF RMB 6.12 BILLION.SEES Q3 2019 REVENUE RMB 6.57 BILLION TO RMB 6.77 BILLION.FOR Q3 OF 2019, COMPANY EXPECTS NET REVENUES TO BE BETWEEN RMB6.57 BILLION AND RMB6.77 BILLION.AUTHORIZED A SHARE REPURCHASE PLAN UNDER WHICH COMPANY MAY REPURCHASE UP TO US$300 MILLION OF ITS SHARES OVER NEXT 12 MONTHS.EXPECTS TO FUND REPURCHASES MADE UNDER THIS PLAN FROM ITS EXISTING FUNDS.Q2 EARNINGS PER SHARE VIEW CNY 7.44 -- REFINITIV IBES DATA.QTRLY GLOBAL AVERAGE MOBILE MAUS REACHED 433.5 MILLION.QTRLY AVERAGE MOBILE MAUS OF IMO REACHED 211.9 MILLION.QTRLY AVERAGE MOBILE MAUS OF GLOBAL SHORT-FORM VIDEO SERVICES INCREASED BY 431.2% TO 90.3 MILLION.TOTAL NUMBER OF PAYING USERS IN QUARTER INCREASED BY 19.1% TO 4.2 MILLION FROM 3.5 MILLION IN CORRESPONDING PERIOD OF 2018.TOTAL NUMBER OF PAYING USERS OF HUYA INCREASED BY 46.7% IN QUARTER TO 4.9 MILLION FROM 3.4 MILLION IN CORRESPONDING PERIOD OF 2018.QTRLY NON-GAAP DILUTED NET INCOME PER ADS $0.75.  Full Article

YY Inc Announces Proposed Offering Of Us$850 Mln Convertible Senior Notes
Wednesday, 19 Jun 2019 

June 18 (Reuters) - YY Inc ::YY INC. ANNOUNCES PROPOSED OFFERING OF US$850 MILLION CONVERTIBLE SENIOR NOTES.YY INC - PROPOSED OFFERING OF US$425 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES DUE 2025.YY INC - PROPOSED OFFERING OF US$425 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES DUE 2026.YY INC - 2025 NOTES WILL MATURE ON JUNE 15, 2025 AND 2026 NOTES WILL MATURE ON JUNE 15, 2026.  Full Article

Yy Inc Q3 Diluted Net Income Per ADS Rmb 10.01
Tuesday, 13 Nov 2018 

Nov 12 (Reuters) - YY Inc ::YY REPORTS THIRD QUARTER 2018 UNAUDITED FINANCIAL RESULTS.Q3 REVENUE RMB 4.101 BILLION VERSUS I/B/E/S VIEW RMB 4 BILLION.SEES Q4 2018 REVENUE RMB 4.39 BILLION TO RMB 4.54 BILLION.SEES Q4 2018 REVENUE UP 21.1 TO 25.2 PERCENT.NON-GAAP DILUTED NET INCOME PER ADS INCREASED BY 11.1% TO RMB12.07 (US$1.76) IN Q3 OF 2018.DILUTED NET INCOME PER ADS WAS RMB10.01 (US$1.46) IN Q3 OF 2018.QTRLY DILUTED NET INCOME PER ADS WAS RMB10.01.FOR Q4 OF 2018, COMPANY EXPECTS NET REVENUES TO BE BETWEEN RMB4.39 BILLION AND RMB4.54 BILLION.Q3 EARNINGS PER SHARE VIEW CNY 11.59 -- THOMSON REUTERS I/B/E/S.Q4 REVENUE VIEW CNY 4.52 BILLION -- THOMSON REUTERS I/B/E/S."INITIATED A STRATEGIC COOPERATION WITH XIAOMI TO EXCLUSIVELY OPERATE CERTAIN ENTERTAINMENT LIVE STREAMING SERVICES ON XIAOMI LIVE".20.7% YEAR-OVER-YEAR GROWTH IN MOBILE LIVE STREAMING MONTHLY ACTIVE USERS (MAU) IN QUARTER.26.3% YEAR-OVER-YEAR GROWTH IN TOTAL LIVE STREAMING PAYING USERS IN QUARTER.  Full Article

HUYA Q1 Non-GAAP Earnings Per Share RMB 0.35
Wednesday, 6 Jun 2018 

June 5 (Reuters) - HUYA Inc ::HUYA REPORTS FIRST QUARTER 2018 UNAUDITED FINANCIAL RESULTS.Q1 NON-GAAP EARNINGS PER SHARE RMB 0.35.Q1 LOSS PER SHARE $0.79.Q1 REVENUE ROSE 111.5 PERCENT TO RMB 843.6 MILLION.SEES Q2 2018 REVENUE RMB 970 MILLION TO RMB 1.0 BILLION.AVERAGE MOBILE MAUS IN Q1 REACHED 41.5 MILLION.AVERAGE MAUS IN Q1 OF 2018 REACHED 92.9 MILLION, REPRESENTING AN INCREASE OF 19.2%.HUYA - TOTAL NUMBER OF PAYING USERS IN Q1 REACHED 3.4 MILLION, UP 34.9% FROM 2.5 MILLION IN Q1 OF 2017.EXPECTS TO HAVE A FAIR VALUE LOSS ON DERIVATIVE LIABILITIES OF PREFERRED SHARES AMOUNTING TO ABOUT RMB2.3 BILLION IN Q2.EXPECTS Q2 FAIR VALUE LOSS TO HAVE IMPACT ON NET INCOME ATTRIBUTABLE TO CO.  Full Article

YY Announces Strategic Investment In BIGO
Tuesday, 5 Jun 2018 

June 5 (Reuters) - YY Inc ::YY ANNOUNCES STRATEGIC INVESTMENT IN BIGO INC..YY INC - FURTHER INVESTED $272 MILLION IN SERIES D PREFERRED SHARES OF BIGO AS LEAD INVESTOR.YY INC - CO HAS BECOME LARGEST SHAREHOLDER OF BIGO AFTER SERIES D FINANCING.YY INC- OBTAINED RIGHT,EXERCISABLE AFTER FIRST ANNIVERSARY OF CLOSING DATE, TO BUY BIGO SHARES AT THEN FAIR PRICE EXCEEDING 50.1% VOTING POWER IN BIGO.  Full Article

Huya ADS Open At $15.50 In Debut, About 30 Pct Above IPO Price
Friday, 11 May 2018 

May 11 (Reuters) - :HUYA INC ADS OPEN AT $15.50 IN DEBUT ON NYSE VERSUS IPO PRICE OF $12.00/ADS.  Full Article

YY Reports Fourth Quarter And Full Year 2017 Unaudited Financial Results
Tuesday, 6 Mar 2018 

March 5 (Reuters) - Yy Inc ::YY REPORTS FOURTH QUARTER AND FULL YEAR 2017 UNAUDITED FINANCIAL RESULTS.Q4 REVENUE ROSE 46 PERCENT TO RMB 3.627 BILLION.SEES Q1 2018 REVENUE RMB 3.0 BILLION TO RMB 3.15 BILLION.SEES Q1 2018 REVENUE UP 32.3 TO 39 PERCENT.DILUTED NET INCOME PER ADS INCREASED BY 18.4% TO RMB11.53 (US$1.77) IN Q4 OF 2017.NON-GAAP DILUTED NET INCOME PER ADS INCREASED BY 45.2% TO RMB14.77 (US$2.27) IN Q4 OF 2017.HUYA SUBMITTED DRAFT REGISTRATION STATEMENT ON FORM F-1 ON A CONFIDENTIAL BASIS TO U.S. SEC FOR POSSIBLE IPO OF ADSS.NUMBER OF ADSS PROPOSED TO BE OFFERED, SOLD AND DOLLAR AMOUNT PROPOSED TO BE RAISED IN PROPOSED IPO OF HUYA INC HAVE NOT YET BEEN DETERMINED.  Full Article

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

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China game-streaming firm Huya raises $327 million secondary offering

HONG KONG Chinese game-streaming company Huya Inc, backed by Tencent Holdings Ltd, raised $327 million in a follow-on share offering, two people with direct knowledge of the matter said on Wednesday.