Corporate overview

    Founded in April 2005, Joyy Inc. (“JOYY” or the “Company”) is a leading global video-based social media platform. It was listed on the NASDAQ on November 21, 2012. From live streaming, short form video, social network, e-commerce, education and Internet finance, JOYY develops and deliver a variety of services such as YY LIVE, BIGO LIVE, Likee, HAGO and YY dating.In March 2019, JOYY completed the acquisition of BIGO which had a market valuation of US$2.1B.

    JOYY aims at two core strategies, “Globalization” and “Artificial Intelligence”. We commit to accelerate our globalization process and expand our international influence, so as to become a global leading video-based social media platform. In addition, we strive to transform into a technology company taking artificial intelligence as the core, which helps to create more diversified opportunities for users to interact and a better experience for our users.

    Today, there are over 7,000 employees in JOYY Group, and 65% of them are engineers. Our mission is to “Connect People and Enrich Their Lives Through Video”. We aim to become a characteristic and globalized enterprise in China’s Internet industry via continuously upgrading our technological advantages and enhancing our influence towards the international.


    Mission and vision

    Mission: Connect People and Enrich Their Lives Through Video

    Vision: Be a leader and innovator in the social media industry


    Our history

    2019
    • Acquired BIGO at a valuation of 2.2 billion US dollar. Changed the name as “Huanjujituan”, and the English name is “Joyy Inc.”
    2018
    • “Huya”was listed (NYSE: HUYA), its market cap hit over 10 billion in the first year of its IPO
    2017
    • Launched “Yijian”, an online commerce platform
    2016
    • A new gaming social platform was built
    2015
    • BIGO commenced its overseas plan
    • Registered users of YY reached one billion
    2014
    • “100 Education”and “Huya”were officially founded
    2013
    • Hunan TV assigned “YY”as the official communication platform for the singing competition "Happy Boys"
    2012
    • YY Group was listed (NASDAQ:YY) and its new brand name “Huanjushidai”was announced at the same time
    2011
    • Launched YY Education, started a new business in the education domain
    2010
    • Launched web and mobile version of “YY”, a new star of live streaming industry was born
    2009
    • YY Client served two million users simultaneously on line
    2008
    • YY Client was launched
    2007
    • Unique visitors of “Duowan.com” exceeded 20 million
    2006
    • Unique visitors of “Duowan.com” exceeded 10 million
    2005
    • “Duowan.com” was launched