On March 5, 2018, YY announced its plan to monetize its game live streaming platform, HUYA through an IPO. The HUYA platform was launched in 2014, as a game live streaming business unit of YY. YY Live is at the forefront of the Chinese live streaming market. HUYA Inc. (Carve-Out)HUYA Inc. is a leading game live streaming platform in China. In addition to the game live streaming, HUYA has also extended its content to other entertainment genres, such as talent shows, anime and outdoor activities.
Source: Forbes May 04, 2018 16:52 UTC