Joyy Inc., formerly known as YY Inc., is a publicly owned global technology company headquartered in Singapore. Founded in 2005 and employing approximately 1,870 individuals, the company reported $2.2B in revenue as of 2024. The company specializes in consumer gaming and operates a diverse portfolio of social media platforms centered on live streaming and short-form video. Its service offering is built around AI-powered engagement and real-time interaction, featuring products such as Bigo Live, a global live streaming platform; Likee, a short-form video creation community; and Hago, a social networking app integrated with casual gaming. While formerly a significant player in the Chinese domestic market, Joyy has transitioned into a global entity, focusing its operations on international markets across Southeast Asia, the Middle East, and North America, where it provides multi-lingual, culturally localized platforms for social interaction, digital entertainment, and creator monetization.
An analyst reiterated a "Buy" rating for Joyy Inc. on March 11, 2026, citing the company's recent performance and forward-looking guidance that exceeded expectations, alongside effective efforts to find new growth drivers. This analysis followed Joyy's announcement of its fourth-quarter and full-year 2025 financial results on March 10, 2026. The company reported net revenues of US$581.9 million for the fourth quarter ended December 31, 2025, marking a 5.9% year-on-year increase and beating analyst estimates by $16.08 million. While non-GAAP EPADS of $1.34 missed projections by $0.04, the revenue growth suggests a potential return to growth, though margins were affected by advertising growth costs. On the same day, Joyy introduced its first-quarter outlook and announced a quarterly cash dividend for the first quarter of 2026, payable on May 8, 2026. This dividend is part of a previously authorized program to distribute approximately US$600 million in cash quarterly from 2025 to 2027.
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