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Stock Market & Financial Investment News

News Breaks
August 6, 2014
16:22 EDTYYYY Inc. sees Q3 revenue RMB925M-RMB935M
For Q3, the company expects its net revenues to be between RMB925M and RMB935M, representing a year-over-year growth of approximately 90% to 92%.
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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