Singapore , June 05, 2025 (GLOBE NEWSWIRE) -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group", "YYGH", or the "Company"), is pleased to announce the acquisition of Uniforce Security Pte Ltd (UFS), marking a pivotal step in expanding the Company's Integrated Facility Management (IFM) division. This strategic acquisition underscores the Company's commitment to delivering comprehensive, cutting-edge solutions to clients worldwide. Unlocking Synergies Across Divisions The acquisition of UFS not only strengt ...

Core Insights - YY Group Holding Limited has successfully completed the share transfer of YY Circle Thailand, marking a significant step in its strategy to expand in Southeast Asia [1][2] - The acquisition enhances YY Group's ability to address workforce demands in Thailand's casual labor market, valued at approximately THB170 billion (US$5 billion) annually [2] - The leadership of Jirapat Haetanurak will remain in place to ensure a seamless transition and leverage local expertise [3] Company Strategy - The acquisition is seen as a pivotal moment for YY Group, reinforcing its commitment to meet the needs of Thailand's workforce and businesses [4] - YY Circle Thailand aims to provide innovative solutions that empower businesses to adapt to workforce challenges, particularly in sectors like hospitality, retail, and logistics [4] - The successful acquisition underscores YY Group's focus on localized solutions and sustainable growth, enhancing its position as a leader in workforce innovation across Asia [5] Market Context - Thailand's gig economy presents growing opportunities for flexible and scalable workforce solutions, which YY Circle Thailand will facilitate through a technology-driven platform [4] - YY Group operates through two core verticals: on-demand staffing and integrated facility management (IFM), providing agile support to various industries [8] - The company leverages proprietary digital platforms and IoT-driven systems to help clients meet fluctuating labor demands [9]

品牌方透露，该联名系列将于6月10日同步登陆PUMA与OPEN YY官网、指定线下门店及MUSINSA渠 道。H-Street鞋型作为PUMA千禧年运动科技的代表，此次合作通过"minimal modification(最小化改 造)"策略，既保留鞋款原生运动属性，又通过细节设计实现潮流化表达，成为品牌复古运动线的又一标 杆单品。 值得关注的是，OPEN YY此前与PUMA的首次联名曾创下首发售罄的市场表现，此次第二弹合作延 续"经典复刻+潮流诠释"的模式，进一步强化PUMA在复古运动鞋领域的文化话语权。随着6月发售节点 临近，该系列已在潮流社群引发预热讨论，其市场反馈或将为运动品牌联名策略提供新参考。 OPEN YY与PUMA的第二弹联名合作正式公布发售细节，作为首个诠释联名版H-Street鞋款的单位，此 次合作以"Daily Sports–Imagine!"为主题，深度挖掘鞋款运动基因，于经典中注入潮流新意。 诞生于2003年的H-Street鞋型，原型源自上世纪90年代末赛场活跃的Harambee钉鞋。OPEN YY未对鞋面 进行大刀阔斧的改造，而是保留原版网眼与麂皮拼接的结构设计，延续前作标志性的鞋 ...

Singapore, May 30, 2025 (GLOBE NEWSWIRE) -- YY Group Holding Limited (NASDAQ: YYGH) (“YY Group”, “YYGH”, or the “Company”), is pleased to announce a strategic partnership with Kentucky Fried Chicken Singapore (KFC), one of the most iconic fast-food brands in the world. This partnership marks a significant milestone in advancing operational excellence across KFC’s outlets in Singapore. A Partnership for Everyday Excellence As part of this partnership, YY Group’s flagship platform, YY Circle, will provide dai ...

在全球娱乐直播行业红利见顶、增长承压之际，老牌社交娱乐平台JOYY（纳斯达克：JOYY，以下简 称"欢聚"）正试图寻找新增长引擎。 根据公司披露的2025年第一季度未经审计财报，公司该季度营收为4.94亿美元，较2024年同期的5.65亿 美元下降12.4%。这一变化主要受到直播业务收入锐减的影响。核心直播业务收入为3.71亿美元，较去 年同期下降逾20%。 欢聚在2025年第一季度完成出售YY直播（互动直播平台），确认收益约为18.76亿美元，使得归属于公 司股东的净利润达到19.2亿美元。非GAAP（通用会计准则）营业利润为3100万美元，同比增长 24.9%。 不过，在直播业务增长失速的同时，欢聚的广告业务表现亮眼，成为推动非直播业务增长的关键因素。 2025年是李婷担任欢聚首席执行官的第一个完整财年，面对此份财报，她表示："期待非直播业务成为 欢聚时代的第二增长引擎。" 娱乐直播业绩承压，行业龙头纷纷寻求转型 今年2月25日，欢聚宣布与百度达成收购协议，百度以21亿美元（折合人民币约152.3亿元）总价收购欢 聚在国内的视频娱乐直播业务，即YY直播。 剥离YY直播后，欢聚核心业务聚焦海外，包含Bigo ...

Company Overview - YY Group Holding Limited is a global leader in on-demand workforce solutions and integrated facility management (IFM) [1][11] - The company is headquartered in Singapore and operates across Asia and beyond, focusing on flexible, scalable workforce solutions [11][12] Acquisition Details - YY Group plans to establish a significant presence in Thailand through the acquisition of YY Circle Thailand, with the transaction expected to close on June 2, 2025 [2] - This acquisition is a pivotal step in YY Group's Southeast Asia expansion strategy, targeting Thailand's casual labor market valued at THB170 billion (approximately US$5 billion) annually [2][5] Market Opportunity - The casual labor market in Thailand is projected to encompass over 40% of the workforce by 2027, presenting a transformative opportunity for YY Group [3] - The company anticipates an annual profit of THB76.9 million (approximately US$2.32 million) by 2029 from this market [5] Leadership and Strategy - Jirapat Haetanurak will assume the role of Country Director for YY Circle Thailand, maintaining a 10% equity stake in the company, ensuring continuity and localized expertise [4] - The acquisition reflects YY Group's commitment to creating innovative, localized solutions that drive growth and efficiency in new markets [8] Service Offering - YY Circle, the company's flagship platform, aims to connect businesses with on-demand talent, providing essential tools and resources for stability and success in the casual labor landscape [6] - The platform is designed to address workforce shortages in key industries such as hospitality, retail, and logistics, enhancing operational efficiency [6][7]

Singapore, May 07, 2025 (GLOBE NEWSWIRE) -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group," "YYGH," or the "Company") is thrilled to announce a significant milestone as its flagship on-demand job matching platform, YY Circle, continues to expand its footprint, meeting the surging global demand for innovative workforce solutions. Driving Innovation Across Europe In Europe, YY Circle is making significant strides: Accelerating Growth in the Middle East and North Africa YY Circle continues its rapid growt ...

4月21日，南都记者从广州知识产权法院获悉，该院发布2024年知识产权司法保护状况白皮书及十大典 型案例，其中包括"YY直播"侵害商标权及不正当竞争纠纷案。广州市品某信息科技有限公司等开发、 运营"丫丫直播""吖吖直播"软件，并使用虚假陈述的行为已构成侵权。法院判决相关公司赔偿"YY直 播"注册商标专用权权利人300万元。 据案情披露，广州方某信息技术有限公司（下称"方某公司"）、广州津某网络传媒有限公司（下称"津 某公司"）享有"YY直播"注册商标专用权，涉案注册商标及软件在娱乐服务、视频服务等领域具备较高 的知名度及商业价值。 广州市品某信息科技有限公司（下称"品某公司"）等五家关联公司，在应用商店、手机助手等不同平台 先后上架"丫丫直播"、"吖吖直播"软件，并使用"比斗鱼yy来疯更炸裂"等陈述。方某公司、津某公司以 商标侵权及不正当竞争为由，诉请品某公司等五家关联企业停止侵权，并适用惩罚性赔偿其经济损失 300万元。 一审法院认定品某公司等的行为构成侵权，判令停止侵权。此外，一审法院在扣除关联刑事案件的赌资 后，得出的惩罚性赔偿数额超过了两权利人的诉请，因此全额支持了权利人300万元经济损失的诉请。 随 ...

Core Insights - Guangzhou Jinhong YY Live is embracing new challenges and opportunities in the live streaming industry following Baidu's acquisition of YY on February 25, which injects strong momentum into YY Live's future development [1] - The 2025 YY Live Ecosystem Conference held from March 31 to April 1 marked the first major event after the integration into Baidu, highlighting YY's significant role within Baidu's ecosystem [1][5] Product and Technology - AI is a strategic focus for Baidu, and Guangzhou Jinhong YY Live is actively promoting its application in live streaming, having launched the digital human "Ling'er" and integrated "YYDS" with DeepSeek, achieving significant technological progress [3] - Future plans include the rollout of more AI products and features to enhance user experience, increase platform engagement, and boost monetization [3] Content Collaboration - YY Live will engage in broader resource sharing with various companies and departments within the Baidu ecosystem, exemplified by the establishment of the short drama brand "Mai Xu," which is a key advancement of the "Hundred Drama Plan" initiated in December [3] - The initiative aims to create a unique short drama ecosystem in the live streaming industry, providing users with high-quality content [3] Community and Monetization - YY Live has revised its guild policies to support emerging streamers under Baidu's traffic boost, optimizing renewal policies for streamers and launching an MCN alliance to facilitate diverse monetization opportunities [3] - Since launching its live streaming services in 2011, YY has distributed over 40 billion to streamers and guilds, with plans to continue collaborating closely with ecosystem partners to build a healthier and more diverse live streaming ecosystem [3] Future Outlook - The conference established a solid foundation for the future development of Guangzhou Jinhong YY Live, leveraging Baidu's resources and technological support to explore new areas in the live streaming industry and enhance user experiences [5]

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]