Type of site
|Online chat, streaming media|
YY (Chinese: YY语音) is a major Chinese video-based social network with 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.
- "YY.com: China's Unique Real-Time Voice And Video Service With A Virtual Goods Twist". Forbes. June 11, 2012. Retrieved November 21, 2012.
- 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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