Photo Release -- NASDAQ Welcomes Real-Time Rich Communication Social Platform,
YY Inc., to The NASDAQ Stock Market
NEW YORK, Nov. 21, 2012 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc.
(Nasdaq:NDAQ) announced today that the trading of YY Inc., (Nasdaq:YY) ("YY")
commenced on The NASDAQ Stock Market on November 21, 2012.
YY Open Bell
YY Inc. [YY] rings The NASDAQ Stock
Market Opening Bell in Celebration of
A photo accompanying this release is available at
YY is an innovative social communication platform that engages users in
real-time online group activities through voice, text and video. YY gives
users the opportunity to create and organize groups of varying sizes to
discover and participate in a wide range of online activities, including
online games, karaoke, music concerts, education, live shows and conference
calls. Based in China, YY launched its core product in 2008; by September 2012
YY had attracted 400.5 million registered users.
"YY's platforms provide users with a multitude of innovative ways to interact
and connect every day, whether it be for work, education or fun," said Bob
McCooey, Senior Vice President, NASDAQ OMX Corporate Client Group. "NASDAQ is
excited to welcome YY Inc. to the NASDAQ family and looks forward to
supporting their success as a listed company."
By listing on The NASDAQ Stock Market, YY Inc. joins some of the world's most
progressive and innovative companies. NASDAQ is home to 76 percent of
information technology companies listed on U.S. markets, including Electronic
Arts Inc., Changyou (CYOU) and Take-Two (TTWO).
About NASDAQ OMX:
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels
economies and provides transformative technologies for the entire lifecycle of
a trade - from risk management to trade to surveillance to clearing. In the
U.S. and Europe, we own and operate 23 markets, 3 clearinghouses and 5 central
securities depositories supporting equities, options, fixed income,
derivatives, commodities, futures and structured products. Able to process
more than 1 million messages per second at sub-40 microsecond speeds with
99.99+% uptime, our technology drives more than 70 marketplaces in 50
developed and emerging countries into the future, powering 1 in 10 of the
world's securities transactions. Our award-winning data products and worldwide
indexes are the benchmarks in the financial industry. Home to approximately
3,400 listed companies worth $6 trillion in market cap whose innovations shape
our world, we give the ideas of tomorrow access to capital today. Welcome to
where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX
Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook
(www.facebook.com/NASDAQ) and Twitter (www.twitter.com/nasdaqomx). (Symbol:
NDAQ and member of S&P 500)
The information contained above is provided for informational and educational
purposes only, and nothing contained herein should be construed as investment
advice, either on behalf of a particular security or an overall investment
strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes
any recommendation to buy or sell any security or any representation about the
financial condition of any company. Statements regarding NASDAQ-listed
companies are not guarantees of future performance. Actual results may differ
materially from those expressed or implied. Past performance is not indicative
of future results. Investors should undertake their own due diligence and
carefully evaluate companies before investing. ADVICE FROM A SECURITIES
PROFESSIONAL IS STRONGLY ADVISED.
The photo is also available via AP PhotoExpress.
CONTACT: Jennifer Knapp
+1 212 401 8916
Press spacebar to pause and continue. Press esc to stop.