Do you know YY.com?

YY.com is a social media launched back in 2005 in China. It was mainly a gaming portal similar to QQ Games (Tencent).

yyteam

Today the portal became an entertainment portal offering between other services, games, video streaming, chat, and karaoke services. Some users are even using the chat feature for business.

The Internet company claims over 300 million users. As of today, the firm doesn’t have any service targeting foreigners. We will see if the firm decides to compete with Ustream, Google Hangout and Airtime.

Like Tencent, YY.com obtains revenue mainly from gaming sharing with developers the revenue generated from virtual goods purchased on the game.

yy portal screenshot

Tencent, Baidu and Netease are local competitors. WeChat could take user time from YY.com because the service is likely to offer games, video streaming and much more on WeChat in the coming months.

Sources:

Forbes, URL: http://www.forbes.com/sites/tomiogeron/2012/06/11/yy-com-chinas-unique-real-time-voice-and-video-service-with-a-virtual-goods-twist/2/

YY.com, URL: http://www.yy.com/

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s