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Stock Market & Financial Investment News

News Breaks
August 7, 2014
12:52 EDTYYYY Inc. price target raised to $118 fro $108 at JPMorgan
JPMorgan says itís getting more positive on YY Inc.'s growth outlook following the company's Q2 results. The firm raised its price target for shares to $118 from $108 and keeps an Overweight rating on the name.
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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