release time:2017-03-15 14:22:04 view count:92692 source:Boao Forum for Asia
CEO, YY Inc.
Mr. CHEN Zhou, one of the key founders of YY Inc. (NASDAQ: YY), currently serves as the CEO of the Company and is fully responsible for YY’s business strategy and operations management.
In the past few years, under Mr. Chen’s leadership, YY has made substantial achievements across all of its business lines. Specifically, revenue from the “YY Music and Entertainment” segment increased significantly from RMB 52 million in 2011 to RMB 3.3 billion in 2015, accounting for approximately 56% of the Company’s total revenue.
YY is devoted to a variety of fields, such as Music, Performances, Pan-Entertainment and Gaming, and is focused on connecting live streaming with high-quality content from these fields. The Company is widely recognized by the market for its continuous success in innovating new business models and building the industry’s ecosystem. For example, “YY Live,” the most popular live streaming platform in China, is a best practice example of how YY laid a solid foundation and led the business to success. In 2016, revenue from YY’s live streaming business reached RMB 8 billion, achieving over 50% market share.
Currently, YY is committed to leading the live streaming market by continuing to explore opportunities in content creation, content consumption and social innovation based on “Live Streaming +”. By this innovative business pattern, we look forward to presenting a world that is more lively and real to its users. “YY It, See the World”.