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Update: YY Sets IPO Share Price

SEC, 11/07/12

YY Inc., operator of Chinese voice-chat SNS platform YY and online game portal Duowan, has announced a share price of between USD 10.50 and USD 12.50 per ADS for the company's upcoming Nasdaq IPO. The company will list 7.8 mln ADSs for a proposed maximum aggregate offering price of USD 112.23 mln.

Editor's Note: For more information on this topic, please see "Update: YY Files IPO Prospectus for Nasdaq Listing," MD 10/15/12 issue.

Keywords: Internet IPO Nasdaq SNS Duowan YY online gaming instant messaging

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