On the Record · Joyy
Joyy acquisitions, on the record
The businesses Joyy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
YY Live (video-based entertainment live streaming business in mainland China), sold to BaiduWord for word“The acquisition was substantially completed as of February 8, 2021, with certain matters remaining to be completed, including necessary regulatory approvals from government authorities.” 20-F for 2023 | agreed divestiture | The acquisition was substantially completed as of February 8, 2021 | — |
HUYA Inc. shareholdings, sold to Linen Investment LimitedWord for word“As of the date of this annual report, we have sold all of our shareholdings in HUYA Inc. to Linen Investment Limited and no longer hold any share of HUYA Inc.” 20-F for 2023 | agreed divestiture | — | — |
BIGOWord for word“In 2014, foreseeing massive global opportunities, we began our global expansion by investing in BIGO, followed by the internationalization of Hago in 2018 and the acquisition of BIGO in March 2019.” 20-F for 2023 | acquisition | March 2019 | — |
ShoplineWord for word“Also, Shopline was established in 2013 and started to be consolidated by us from September 2022.” 20-F for 2023 | acquisition | September 2022 | — |
BaiduWord for word“The sale had been substantially completed as of February 8, 2021, with certain remaining matters including necessary regulatory approvals, and we have ceased consolidation of YY Live’s business since then.” 20-F for 2024 | divestiture | substantially completed as of February 8, 2021 | — |
Huya and YY LiveWord for word“To streamline our strategic focus on global operations, we divested Huya and YY Live, in 2020 and 2021, respectively.” 20-F for 2025 | divestiture | in 2020 and 2021, respectively | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2017-12-31 | $947,000 | — |
| 2018-12-31 | $0 | — |
| 2019-12-31 | $240.5 million | — |
| 2020-12-31 | $4.7 million | $16.1 million |
| 2021-12-31 | −$7 million | $84.9 million |
| 2022-12-31 | −$27.9 million | $708.5 million |
| 2023-12-31 | $0 | — |
| 2024-12-31 | $0 | — |
Read from Joyy’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.