YY Inc. (YY) Social Stream



YY Inc. (YY): $33.91

2.12 (-5.88%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

D

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Industry: China

Industry

B

Ranked

#35 of 43

in industry

Featured Post From StockTwits About YY

$YY "Update on the YY Live Sale Transaction
As previously announced, JOYY Inc. (the “Company”) had entered into definitive agreements with Baidu, Inc. (“Baidu”), pursuant to which Baidu would acquire the Company’s PRC video-based entertainment live streaming business. The Company and Baidu have agreed to extend the long stop date of the proposed transaction to a date mutually agreed upon by the parties"

It reads like the transaction won't complete.

https://ir.joyy.sg/static-files/4b7c8bed-dbbf-4311-8f9a-90f40367ea54
Kalkhose, published August 16, 2021

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