JOYY is an offshore holding company. Through its subsidiaries, Co. operates global social media platforms. Co.'s platforms and products include: Bigo Live, which is a global live streaming platform that allows the users to live stream their specific moments, live talk with other users, make video calls and watch trend video; Likee, which is a short-form video social platform worldwide; Hago, which is a casual game-oriented social platform that provides various casual games, supporting one-on-one and group battles, together with multiple social features; and imo, which is a chat and instant messaging application with functions including video calls, text messages, photo and video sharing. We show 1 historical shares outstanding datapoints in our YY shares outstanding history coverage, used to compute YY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing YY market cap history over the course of time is important for investors
interested in comparing YY's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of YY versus a peer is one thing; comparing
YY market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like YY can fluctuate over the course of history.
With this page we aim to empower investors researching YY by allowing them to research the YY market cap history. |
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Video: The Importance of Market Cap
