JOYY, Inc. Sponsored ADR Class A Stock News

JOYY is transitioning from legacy livestreaming to high-margin non-livestreaming and ads, driving profitability and shareholder returns through dividends and buybacks. Despite revenue declines, the company's strong cash reserves, resilient free cash flow, and improving margins support a stable outlook and potential upside. Valuation remains deeply discounted, offering an attractive entry point ...

JOYY trades at a wide discount to its net cash and intrinsic value, offering significant upside potential. Generous shareholder returns, with a 13%+ combined yield of dividends and buybacks, should help unlock value for investors. I initiate coverage with a buy rating and a price target of $89.71, based on discounted future dividends and the company's cash pile.

JOYY Inc. (NASDAQ:YY ) Q4 2024 Earnings Conference Call March 19, 2025 9:00 PM ET Company Participants Jane Xie - Investor Relations Senior Manager Ting Li - Chairperson of the Board & CEO Alex Liu - Vice President of Finance Conference Call Participants Thomas Chong – Jefferies Yiwen Zhang - China Renaissance Brian Gong - Citi Raphael Chen - BOCI Research Operator Ladies and gentlemen, thank y...

SINGAPORE , March 19, 2025 /PRNewswire/ -- JOYY Inc. (NASDAQ: YY) ("JOYY" or the "Company"), a global technology company, announced its unaudited financial results for the fourth quarter and full year of 2024. In the fourth quarter, JOYY's revenue reached US$549.4 million, with BIGO achieving revenues of US$480.0 million.

SINGAPORE, March 20, 2025 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”), a global technology company, today announced its unaudited financial results for the fourth quarter and full year of 2024.

SINGAPORE, March 12, 2025 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”), a global technology company, today announced that it plans to release its fourth quarter and full year 2024 financial results after the U.S. market closes on March 19, 2025.

JOYY's deal to sell YY Live to Baidu finally closed. JOYY got an additional $240 million cash payout. Bigo Live's temporary app store removal will likely hurt near term results, but investors will look past this. Likee briefly benefited from the TikTok ban, but downloads petered out quickly. Now TikTok is back & Likee has similar usage as before.

Baidu said on Tuesday it has acquired JOYY's live-streaming business in mainland China in a deal for about $2.1 billion.