YY traded at $66.09 this Friday June 5th, decreasing $1.94 or 2.85 percent since the previous trading session. Looking back, over the last four weeks, YY lost 9.66 percent. Over the last 12 months, its price rose by 37.69 percent. Looking ahead, we forecast YY to be priced at 66.03 by the end of this quarter and at 61.99 in one year, according to Trading Economics global macro models projections and analysts expectations.
JOYY Inc., formerly YY Inc. (YY), is a social platform that engages users in real-time online group activities through voice, video and text on personal computers and mobile devices. The Company's segments include YY IVAS and others, Huya broadcasting, and 100 Education. YY enables users to create and organize groups of varying sizes to discover and participate in a range of online activities, including music shows, online games, dating shows, live game broadcasting and e-learning. YY offers users an entertainment experience through its social community. It owns the domain names of YY.com, Duowan.com, 100.com, Huya.com, Edu24ol.com and Zhiniu8.com. The Company's YY platform, including YY.com, is jointly operated by personnel from Guangzhou Huaduo and Zhuhai Duowan. Its product, YY Client, enables users to engage in live interactions online. Its Web-based YY enables users to conduct real-time interactions through Web browsers without requiring any downloads or installations.