About YY
YY is a publicly listed company based in Guangzhou (China) founded in 2005. Online live video platform for social entertainment in China. YY has completed 1 acquisition, including BIGO. Its website yy.com draws about 696 thousand monthly visits. Its focus areas include Consumer, Social Platforms, Horizontal and Video Sharing.
Company details
YY group is an online social entertainment platform that engages users through audio and video in a wide range of online group activities, with a capacity to support over one million participants concurrently. YY.com is a Chinese video-streaming site that lets amateur performers provide live shows and connect with fans online. Users can send messages and virtual gifts to performers, which can be redeemed by the performers for real money. Also has a VIP membership which adds prominence to those users messages and gifts. The group started with online games and gradually expanded into music and entertainment, live game broadcasting and online dating show, as well as into non-entertainment categories such as education and finance. Was listed on the NASDAQ in November 2012 and generated over 593M revenues and 174M operating profit in the financial year of 2014.
- Headquarters Guangzhou, China
- Stage Public
- SectorsMedia & Entertainment
- Website category Games · Video Games Consoles and Accessories
- Email••••••••
- Phone•••• ••••
- Website yy.com
- Latest Funding Round$1B (USD), Post-IPO
Jun 2019
- Investors
- Investments & Acquisitions
Funding Insights of YY
- Total Rounds 2
- Last Round Post-IPO — $1B
- Investors Count 1
All 2 funding rounds of YY with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2019 | $1B | Post-IPO | – | – | – |
| Jun 2012 | Series D | – | – |
1 investors in total: 1 institutional.
Investors in YY
YY has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include GGV Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is invested in cybersecurity, fintech, and AI startups. | ggvc.com | Menlo Park, United States |
Investor details for YY
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of YY
3 people are tracked at YY (3 in leadership).
| Name | Role | Group |
|---|---|---|
David Xueling Li | CEO & Chairman | Leadership |
Bing Jin | Chief Financial Officer | Leadership |
Ting Li | Chief Operating Officer | Leadership |
Complete people profiles for YY
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by YY
YY has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BIGO.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Video-based social media platform and related services provider | bigo.sg | Singapore | 2014 | Mar 2019 | $1.45B |
Complete acquisition details for YY
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of YY
5 dated milestones of YY across 14 years, from founding to its latest funding, stage changes and deals.
- Founded YY is founded.
- Funding First funding round.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires BIGO.
- Funding Latest funding round, Post-IPO, of $1.0B.
Web traffic of YY
The website of YY (yy.com) receives about 696.3K visits a month and ranks #68,813 among all websites worldwide, #3,177 in Video Games Consoles and Accessories.
- Monthly visits696.3K
▲ 3.6% vs previous month
- Unique visitors344.6K
per month
- Global rank#68,813
among all websites
- Category rank#3,177
Games · Video Games Consoles and Accessories
- Bounce rate39%
- Pages per visit3.5
- Average visit5 min 02 sec
- DevicesDesktop 80% · Mobile 20%
Websites whose visitors overlap most with YY. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
yy.duowan.com | yy.duowan.com | 100% | – | ||
dd373.com | dd373.com | 99% | #12,984 | – | |
nvidia.cn | nvidia.cn | 96% | #12,857 | – | |
| kookapp.cn | 95% | 3.2M | #19,599 | View details | |
ngabbs.com | ngabbs.com | 94% | #4,213 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for YY
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Social Platforms
2 companies that operate in the same segment as YY (Social Platforms) in China, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Social platform for sharing short videos | 2011 | Haidian, Beijing, China | USD 4.79 B | USD 17.72 B | 6,336 | |
Micro-blogging platform for real-time updates and multimedia sharing is operated. | 2009 | Beijing, China | USD 586 M |
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Related news about Yy
Complete news archive for YY
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Frequently Asked Questions about YY
YY was founded in 2005 and raised its 1st funding round 7 years after it was founded.
YY is headquartered in Guangzhou, China. It is registered at Guangzhou, Guangdong, China.
YY group is an online social entertainment platform that engages users through audio and video in a wide range of online group activities, with a capacity to support over one million participants concurrently. YY.com is a Chinese video-streaming site that lets amateur performers provide live shows and connect with fans online. Users can send messages and virtual gifts to performers, which can be redeemed by the performers for real money. Also has a VIP membership which adds prominence to those users messages and gifts. The group started with online games and gradually expanded into music and entertainment, live game broadcasting and online dating show, as well as into non-entertainment categories such as education and finance. Was listed on the NASDAQ in November 2012 and generated over 593M revenues and 174M operating profit in the financial year of 2014.
YY has made 1 acquisition, including BIGO.
YY has 1 investor. Key investors include GGV Capital.
The website of YY receives about 696 thousand visits a month and ranks #68,813 among all websites worldwide.