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JOYY Inc., through its various subsidiaries, manages a diverse portfolio of social media platforms, delivering immersive video and audio-based experiences to users. Its prominent offerings include: Bigo Live: A live streaming platform enabling users worldwide to broadcast live moments, showcase talents, and forge social connections. Likee: A short-form video social network primarily designed for user content creation. Hago: A social platform integrating casual gaming. imo: A comprehensive instant messaging and chat application featuring video and group calls, alongside document sharing and…

SINGAPORE, July 1, 2026 /PRNewswire/ -- BIGO Ads, a deep learning-based advertising platform under JOYY Inc. (NASDAQ: JOYY), has been named a winner of the 2026 Sales and Marketing Excellence Award, The Sammy by the Business Intelligence Group (BIG), a global independent awards organization recognizing outstanding achievement across business disciplines. BIGO Ads earned recognition in the Growth Catalyst / Advertising Technology category.

SINGAPORE, June 30, 2026 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a global technology company, today announced that it has once again been recognized as a “Most Honored Company” by Extel, formerly known as Institutional Investor Research, in its 2026 Asia (ex-Japan/ANZ) Executive Team Survey. This marks JOYY's eighth consecutive year earning a published position in the survey, and second consecutive year being named a “Most Honored Company”, underscoring JOYY's sustained commitment to excellence in executive leadership, investor relations, and corporate governance.

JOYY is undergoing a successful transformation, evidenced by Q1 revenue growth of 12.4% YoY. The market, however, seems to have turned a blind eye to this turnaround success. BIGO Ads is now a major growth driver, contributing 23% of revenue and showing strong momentum in ad network expansion and new verticals. JOYY offers an attractive total shareholder yield near 15%, supported by a robust $3.18 billion net cash position and consistent positive cash flow.

The Q1 FY2026 report came at a crucial time with the stock in need of assistance to fend off a breakdown further into bear market territory. JOYY managed to reverse a precarious situation with an acceleration in growth and increased capital returns to shareholders. JOYY has a lot going for it, but it is also not without blemishes, which includes more goodwill on the balance sheet some may be comfortable with.

JOYY stays undervalued in light of a supersized program for shareholder returns. 1Q26 results largely meet expectations, with revenue rising and gross margin slightly shrinking. I maintain a buy rating with an adjusted price target of $94.5, based on discounted dividends and the company's net cash.