Type of site
|Online chat, streaming media|
|Available in||Chinese, Vietnamese|
|Traded as||NASDAQ: YY|
YY is a major Chinese video-based social network, a subsidiary of JOYY. It has over 300 million users. It features a virtual currency which users earn through activities such as karaoke or creating tutorial videos and which is later converted to real cash. Launched in 2005 as duowan.com (NASDAQ: YY), it originally targeted gamers, before broadening to include video streaming and chat features for uses such as concerts, fashion and sports. Users exchange "virtual roses" as a form of currency, with top users said to earn as much as $20,000 per month. In November 2012, YY was listed on the NASDAQ.
- Fool, Contributor Leo Sun The Motley. "Tencent Gains Control of Huya: What Does This Mean for JOYY?". www.nasdaq.com. Retrieved 30 June 2020.
- Leydon, Joe, "Film Review: ‘People’s Republic of Desire’ : Documentarian Hao Wu examines a unique form of digital interaction in contemporary China.", Variety, 15 March 2018
- "YY.com: China's Unique Real-Time Voice And Video Service With A Virtual Goods Twist". Forbes. 11 June 2012. Retrieved 21 November 2012.
- 种昂 (1 February 2018). "虎牙直播改道上市 背后玄机引发业界猜疑". 经济观察网 (in Chinese). Retrieved 27 February 2018.
- "呕心沥血经营这么久的虎牙直播，YY还是把它给卖给了腾讯！" (in Chinese).
- "MW is Short Joyy Inc. (YY US)". Muddy Waters Research. Retrieved 19 December 2020.
- "Why Carson Block Says China's Joyy Is a 'Fraud' and a 'Zero' - YouTube". www.youtube.com. Retrieved 19 December 2020.
- "JOYY Refutes Muddy Waters' Report | JOYY Inc". ir.yy.com. Retrieved 19 December 2020.
- Official website
- VoaNews: The Largest Social Network You've Never Heard Of
- Forbes: YY.com, China's Unique Real-Time Voice and Video Service with a Virtual Goods Twist
- New York Times: Lucrative Stardom in China Using a Webcam and a Voice
- NPR: YY Changes Its Tune After Karaoke Is A Hit
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