YY, Inc. (YY) Reports Q1 EPS of RMB4.59

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YY Reports First Quarter 2016 Unaudited Financial Results

May 31, 2016 5:00 AM EDT

GUANGZHOU, China, May 31, 2016 (GLOBE NEWSWIRE) -- YY Inc. (NASDAQ: YY) ("YY" or the "Company"), a revolutionary real-time interactive social platform, today announced its unaudited financial results for the first quarter of 2016.

First Quarter 2016 Highlights 

Net revenues increased by 43.4% to RMB1,649.3 million (US$255.8 million) from RMB1,150.3 million in the corresponding period of 2015.

Mr. David Xueling Li, Chief Executive Officer of YY, stated, We continued to see solid growth momentum in our top line in the first quarter of 2016,... More