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YY Group Reports 65% Quarterly Growth in UAE and Expands Operations to Perth, Australia
Globenewswire· 2025-08-15 12:30
Singapore, Aug. 15, 2025 (GLOBE NEWSWIRE) -- YY Group Holding Limited (NASDAQ: YYGH) (“YY Group,” “YYGH,” or the “Company”), a global leader in on-demand workforce solutions and integrated facility management (IFM), today announced the official launch of YY Circle Perth with its first client engagement. This marks the Company’s expansion within Australia’s large and dynamic casual workforce market, reinforcing its position and driving the next phase of its international growth strategy. Australia’s casual w ...
YY Group Secures Strategic Entry into Thailand with Completion of YY Circle Thailand Share Transfer
Globenewswire· 2025-06-03 13:56
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]