Joyy Inc (JOYY) Earnings

JOYY, Inc. engages in managing a communication social platform, which enables users to join real-time online group activities through voice, text, and video. The company employs 5,421 full-time employees The company went IPO on 2012-11-21. The firm operates several social media platforms such as Bigo Live, Likee and Hago that enable users to interact with others in real time. The company operates through two segments: BIGO and All other. The BIGO segment primarily consists of several social entertainment platforms, including Bigo Live, Likee, imo, and certain audio live streaming platform, as well as its advertising platform, Bigo Ads. The All other segment primarily consist of Hago, Shopline, certain audio live streaming platforms, and others. Bigo Live enables its users to share their life moments, showcase their talents, socialize, and connect with other users. Likee enables users to easily discover, create and share short-form videos, with all-in-one video creation tools, such as filters and special effects, and AI-backed personalized feed. Hago provides casual games, audio and video multiuser chatrooms and three-dimensional (3D) avatars and 3D interactive scenes.