http://www.yy.com/
("YY" or the "Company") is a revolutionary rich communication social platform that engages users in real-time online group activities through voice, text and video. Launched in July 2008, YY Client, the Company's core product, empowers users to create and organize groups of varying sizes to discover and participate in a wide range of online activities, including online games, karaoke, music concerts, education, live shows and conference calls. As of September 30, 2012, YY Client had 400.5 million registered user accounts, and in the first nine months of 2012, users spent 393.0 billion voice minutes on YY Client.
YY consistently posted losses over the years, some of which were pretty steep. In 2009, it landed around $53 million in the red. A year later that tally was approximately $326 million, while in 2011 the bleeding was somewhat stanched at $49 million. The company has only just started to turn a profit; in the first nine months of this year, it netted $9 million.
("YY" or the "Company") is a revolutionary rich communication social platform that engages users in real-time online group activities through voice, text and video. Launched in July 2008, YY Client, the Company's core product, empowers users to create and organize groups of varying sizes to discover and participate in a wide range of online activities, including online games, karaoke, music concerts, education, live shows and conference calls. As of September 30, 2012, YY Client had 400.5 million registered user accounts, and in the first nine months of 2012, users spent 393.0 billion voice minutes on YY Client.
YY consistently posted losses over the years, some of which were pretty steep. In 2009, it landed around $53 million in the red. A year later that tally was approximately $326 million, while in 2011 the bleeding was somewhat stanched at $49 million. The company has only just started to turn a profit; in the first nine months of this year, it netted $9 million.
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