Yy.com
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Type of site
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Online chat, streaming media |
|---|---|
| Available in | Chinese |
| Owner | YY, Inc. |
| Website | www |
| Registration | Optional |
| Launched | 2005 |
| Current status | Active |
YY (Chinese: YY语音) is a major Chinese video-based social network with over 300 million users. It features a virtual currency which users earn through activities such as karaoke or creating tutorial videos and which is later converted to real cash. Launched in 2005 as duowan.com (NASDAQ: YY), it originally targeted gamers, before broadening to include video streaming and chat features for uses such as concerts, fashion and sports. Users exchange "virtual roses" as a form of currency, with top users said to earn as much as $20,000 per month. In November 2012, YY was listed on the NASDAQ.
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