JOYY, formerly known as YY Inc., is a Chinese social media platform that was launched in 2005. It was founded by David Xueling Li, and its headquarters are located in Guangzhou, China. The company operates primarily in China but has expanded its operations globally.

JOYY offers a range of products and services to its users. Its main platform, YY Live, allows users to create and share live streaming content, including music performances, games, and interactive chat rooms. The company also operates an online dating platform called Soudfa and a short video app called Likee.

Additionally, JOYY provides online education services through its subsidiary, Bigo Live. On a global scale, JOYY has expanded its presence through various subsidiaries, joint ventures, and partnerships. Its subsidiary, HUYA Inc., is a separate live streaming platform that focuses on gaming and esports content.

HUYA went public in 2018 and is listed on the New York Stock Exchange. JOYY also has a partnership with Momo Inc., a popular Chinese social networking app. In terms of market position, JOYY has achieved significant success both domestically and internationally.

It is one of the leading live streaming platforms in China, with a large user base and high engagement. The company has also successfully entered international markets, particularly in Southeast Asia and the Middle East. JOYY's global sales have contributed to its growth and solidified its position as one of the top players in the social media industry.

Over the years, JOYY has experienced major events and achievements that have shaped its growth. In 2012, the company went public on the NASDAQ stock exchange. In 2016, it rebranded from YY Inc.

In 2018, JOYY acquired Bigo Live, which further strengthened its position in the live streaming and online education sectors. Currently, JOYY continues to innovate and expand its product offerings. The company recently announced plans to launch a global version of its short video app, Likee, targeting international markets.

It is also investing in technology and content development to enhance user experiences and further grow its user base. In conclusion, JOYY is a prominent social media platform based in China, offering a range of live streaming, online dating, and short video services. With a strong market position domestically and internationally, the company has achieved significant growth and success.

JOYY's constant innovation and expansion efforts position it for continued success in the rapidly evolving digital landscape