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Stock Market & Financial Investment News

News Breaks
November 21, 2012
08:07 EDTYYCorrection: YY Inc 7.8M share IPO priced at $10.50
The deal priced at the low end of the $10.50.00-$12.50 range. Morgan Stanley, Deutsche Bank and Citigroup acted as joint book running managers for the offering.
News For YY From The Last 14 Days
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December 11, 2014
16:06 EDTYYYY Inc. to acquire edu24ol.com for RMB 120M
YY Inc. announced that it has reached a definitive agreement to fully acquire Beijing Huanqiu Xingxue Technology Development and Beijing Huanqiu Chuangzhi Software from Shanghai Global Career Education Science & Technology for a total cash consideration of approximately RMB 120M. Xingxue and Chuangzhi operate the online education website, edu24ol.com, which has approximately 700,000 registered users and is one of China's leading online vocational training and language training platforms, YY said. As part of the agreement, Huanqiu will retain the online English training business. The transaction is subject to customary closing conditions.

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