Company Overview - YY Group Holding Limited (NASDAQ: YYGH) is a leading provider of innovative on-demand workforce solutions and integrated facility management (IFM) [1][9] - The company operates through two core verticals: on-demand staffing and IFM, serving industries such as hospitality, logistics, retail, and healthcare [9][10] Acquisition Details - YY Group has officially acquired YY Circle Hong Kong, transitioning it to a majority-owned subsidiary while retaining local expertise with Anthony Ip as Country Director [1][2] - The acquisition aims to strengthen YY Group's presence in the Hong Kong market, which is valued at approximately US$16 billion, highlighting significant potential for innovative staffing solutions [3][5] Market Insights - The Hong Kong casual labour market has around 700,000 gig workers, indicating a strong demand for flexible staffing solutions [3][4] - YY Circle addresses workforce challenges by connecting casual labourers with opportunities and providing essential resources, ensuring a stable environment for workers [4][5] Financial Projections - YY Group projects a financial outcome of HK$15.03 million (approximately US$1.92 million) for the first fiscal year following the acquisition, reflecting the market's immense potential [5][6] Strategic Goals - The acquisition is part of YY Group's broader global growth strategy, aiming to replicate its success in additional markets regionally and globally [6][10] - The company focuses on enhancing operational efficiency for local industries while addressing workforce shortages, particularly in the accommodation and food services sectors [5][6]

Singapore, April 08, 2025 (GLOBE NEWSWIRE) -- YY Group Holding Limited (NASDAQ: YYGH) (“YY Group”, “YYGH”, or the “Company”), a leading provider of innovative on-demand workforce solutions and integrated facility management (IFM), today reported promising financial results for the full year ended December 31, 2024, underscoring consistent growth and meeting milestones across key business segments. Financial HighlightsIn 2024, YY Group delivered robust performance across its business segments, reflecting con ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR 12(G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF ...

3月31日至4月1日，2025YY直播生态大会在广州召开，来自YY生态的数十家头部公会和YY合作伙伴参 与了本次大会。作为YY正式并入百度后的首次大会，本次会议不仅公布了2025年YY的战略重点、发展 方向、政策调整，更向公会和合作伙伴传达了对未来发展的信心和决心。 融入百度集团，加强战略协同作用 今年2月25日，百度宣布与欢聚集团达成协议，正式收购YY，至此，这桩持续长达四年多的收购案终于 落下帷幕，YY正式成为百度集团的一员。 在内容层面，YY将与百度生态的各公司和部门进行更多的合作和资源分享。以短剧为例，去年12月 底，百度召开百家合伙人年度盛典，宣布发力短剧，携手YY、爱奇艺、阅文集团、七猫发起"百剧计 划"。在本届生态大会上，YY宣布成立短剧厂牌"麦絮"，打造直播行业特色短剧生态，这也是"百剧计 划"的重要进展之一。 调整公会政策，打造更健康的直播生态 YY CEO李乐在生态大会上向公会和合作伙伴们表示，YY正式并入百度，依然肩负着百度移动生态娱 乐内容供给者的重任，YY生态也会与百度生态加深强协同，成为百度移动生态中不可或缺的一部分， 未来将在产品技术和内容层面加大建设和投入。 在产品技术层面，A ...

《中国网络视听发展研究报告(2025)》显示， 截至2024年12月，我国网络视听用户规模达10.91亿人， 网络视听已成为"数字空气"。YY直播拥有大量合作公会、注册签约主播以及用户。面对庞大复杂的三 方群体，YY直播积极发挥平台的引导和监督作用，针对不同群体分别出台《YY直播主播健康分阶梯管 理办法》、《YY直播公会健康分阶梯管理办法》、《YY社区用户违规管理规则》，从制度上规范主 播、公会、用户言行。此外，平台积极发挥"AI+人工+志愿者联盟"三方巡查作用，针对主播和用户相 关的着装不符合标准、攻击谩骂、抽烟喝酒等行为做到发现即举报，举报即受理，核查即处理的高效反 应。2025年1-3月期间，平台共处理用户举报违规信息1.9万条，以扣除健康分等方式处罚违规主播1.4万 余名。 网络空间是亿万民众共同拥有的精神家园，YY直播深知，想要这个"家园"健康和谐发展，不仅要"激 浊" 更要"扬清"。2024年1月YY直播炬光联盟宣布启动2025年正能量直播系列企划——"宝地奇旅计 划"。这是YY直播平台连续四年推出大型正能量系列直播活动。从助力非物质文化遗产传承传播的"非 遗筑梦计划"到助力地方特色文旅发展的"悦 ...

智通财经APP获悉，特朗普政府计划于4月3日启动的25%进口汽车关税，正让德国豪华汽车制造商面临 重大冲击。据估计，保时捷(POAHY.US)和梅赛德斯-奔驰(MBGYY.US)2026年的营业利润可能因此锐减 约四分之一，对应损失规模达34亿欧元(约合37亿美元)。 为缓解压力，制造商需在战略调整中做出艰难选择：要么将生产进一步转移至美国，要么通过涨价转嫁 成本。但前者需追加巨额投资，后者可能削弱竞争力。保时捷的处境尤为棘手——其美国市场销量刚超 越中国成为全球第一，但全美无整车工厂，完全依赖进口。 德国汽车工业联合会(VDA)主席穆勒痛批此举"是对自由贸易体系的致命打击"，并警告关税将推高消费 者购车成本。欧盟已威胁采取反制措施，但业界更担忧的是：若中美贸易战外溢至汽车领域，全球供应 链将面临系统性冲击。 据了解，此次征税令德国车企尤为被动。作为全球最大汽车出口国，德国对美国市场依赖度极高，且出 口车型多为高利润率燃油车，如保时捷911、梅赛德斯S级等。关税若实施，保时捷在美国市场的经销 商将被迫承担全部进口成本，而梅赛德斯等虽在北美设有组装厂，仍需为进口零部件支付额外费用。 消息引发欧洲汽车板块剧烈震荡 ...

Core Insights - YY Group Holding Limited's subsidiary, YY Circle Malaysia, has signed six new strategic deals in Malaysia since January 2025, focusing on the hospitality and staffing sectors [1][2]. Group 1: Partnerships and Collaborations - The new partnerships include well-known hotel brands such as Four Points by Sheraton and Hyatt, with operations starting in March 2025, while collaborations with Holiday Inn and Marriott Resort & Spa are set to launch in April 2025 [2][4]. - These partnerships enhance YY Circle's influence among international hotel chains, solidifying its presence in the Malaysian market and paving the way for future market expansions [4]. Group 2: Financial Performance - The newly secured partnerships have increased YY Circle Malaysia's annual revenue pipeline to US$13 million, indicating significant growth in its third year of operations in Malaysia [3]. Group 3: Future Outlook - The CEO of YY Group expressed optimism about the partnerships, viewing them as a milestone in the company's growth and innovation journey, and emphasized the commitment to delivering exceptional value to clients [5]. - The Country Manager of YY Circle Malaysia highlighted plans to expand into other sectors such as cleaning and retail, indicating potential for further growth opportunities [5]. Group 4: Company Overview - YY Circle Malaysia is recognized as a leading provider of on-demand staffing solutions and hotel management systems, focusing on innovation and partnerships to empower businesses in the hospitality industry [6]. - YY Group Holding Limited is a Singapore-based company specializing in enterprise intelligent labor matching services and smart cleaning solutions, leveraging app-based technology and the Internet of Things [7].

YY最终还是留在了百度。 2月25日晚，欢聚集团（NASDAQ:YY）发布公告称，公司已与百度达成协议，出售公司之前拥有的YY 直播业务，总购买价约为21亿美元现金。 欢聚集团表示，公司此前于2021年2月已收到约18.6亿美元，2025年2月25日，公司又收到约2.4亿美元现 金对价。 作为交易的一部分，百度之前根据股份购买协议（其后不再有效）存入托管账户的总金额约16亿美元已 悉数释放，百度计划将这笔资金投资于云及AI基础设施建设。 与此同时，百度（09888.HK）当天也发布公告称，公司与欢聚集团订立协议并收购先前由欢聚集团拥 有的YY直播。为此，百度已支付总收购价约21亿美元。 这笔始于四年前的交易，终于落下帷幕。尽管整体交易金额从36亿美元压缩至21亿美元，但对百度和欢 聚而言，目前的方案可能是对双方最有利的折中结果。 截至2月25日美股收盘，百度股价上涨1.31%至89.02美元，欢聚股价上涨3.95%至52.08美元。 时间拨回至2020年11月17日，欢聚集团与百度宣布，双方已签署协议，百度将以约36亿美元现金收购欢 聚旗下的YY直播，包括YY移动应用、YY.com网站和YY PC等。 彼时， ...

前后历经4年多，百度收购YY直播落下帷幕。 2月25日晚间，百度在港交所公告宣布，与欢聚集团达成收购协议，百度以21亿美元总价（约合人民币 152.3亿元）收购欢聚集团在国内的视频娱乐直播业务，即YY直播。 在经历超过4年之后，百度收购YY直播事宜最终落定。相比当初，百度最终以21亿美元，较原价缩水15 亿美元，将YY直播收入囊中。而欢聚集团的业务重心将全面聚焦海外市场。 有分析师表示，该协议意味着百度与YY逾4年的收购事项告一段落，百度可回笼资金、进一步战略聚焦 AI；YY作为直播应用，也将为百度的AI技术提供更多落地场景。 公开资料显示，欢聚集团于2005年4月成立，2012年11月21日在纳斯达克上市。旗下业务覆盖直播、资 讯、教育、社交、游戏、金融等领域，核心产品包括YY 、虎牙直播、BIGO、Like、欢聚游戏等。其 中，虎牙直播于2018年5月11日在美国纽交所正式上市，是集团内部孵化的首家上市公司。 公告称，作为交易的一部分，百度之前根据股份购买协议（其后不再有效）存入托管账户的总金额约16 亿美元（约合人民币超110亿元）已悉数释放予百度，百度计划将有关释放的资金投资于其云及AI基础 设施。 ...

Core Insights - YY Group Holding Limited has appointed Mark Wendou Niu as Group Chief Strategy Officer to lead fundraising, investor relations, and digital transformation efforts [1][2] - The company aims to become a global leader in on-demand staffing and integrated facility management solutions by leveraging technology and operational excellence [2][3] Company Strategy - The appointment of Mark is part of YY Group's long-term vision to enhance efficiency, scalability, and growth through technology and data intelligence [2] - Mark's focus will include strengthening investor relations, expanding access to capital, and integrating AI-driven innovations into core services [2][3] Market Position - YY Group's flagship platform, YY Circle, serves over 200 clients and connects with 300,000 registered job seekers, providing seamless workforce solutions [3] - The proprietary Smart iClean System utilizes IoT devices and smart sensors to improve efficiency in commercial cleaning services [3] Leadership and Expertise - Mark Wendou Niu has a strong background in fundraising and scaling technology-driven businesses, having co-founded Biofourmis and secured significant investments from top-tier funds [2][5] - His collaborative leadership style emphasizes open dialogue and diverse perspectives, aiming to build a future-ready ecosystem for businesses and workers [4][5] Company Overview - YY Group is a Singapore-based data and technology-driven company specializing in intelligent labor matching services and smart cleaning solutions [6] - The company is committed to innovation and user-centric experiences, utilizing app-based technology and IoT to optimize labor sourcing and revolutionize the cleaning industry [6]