0000000000-20-012562.txt : 20210223 0000000000-20-012562.hdr.sgml : 20210223 20201230123002 ACCESSION NUMBER: 0000000000-20-012562 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20201230 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: JOYY Inc. CENTRAL INDEX KEY: 0001530238 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: BLDG B-1, NORTH BLOCK OF WANDA PLZ NO.79 STREET 2: WANBO ER RD NANCUN TOWN, PANYU DISTRICT CITY: Guangzhou STATE: F4 ZIP: 511442 BUSINESS PHONE: 862029162000 MAIL ADDRESS: STREET 1: BLDG B-1, NORTH BLOCK OF WANDA PLZ NO.79 STREET 2: WANBO ER RD NANCUN TOWN, PANYU DISTRICT CITY: Guangzhou STATE: F4 ZIP: 511442 FORMER COMPANY: FORMER CONFORMED NAME: YY Inc. 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Building B-1 North Block of Wanda Plaza, No. 79 Wanbo Er Road Nancun Town, Panyu District Guangzhou 511442 The People s Republic of China Re: JOYY Inc. Form 20-F for the Year Ended December 31, 2019 Filed April 27, 2020 Form 6-K filed November 17, 2020 File No. 001-35729 Dear Mr. Jin: We have limited our review of your filings to the financial statements and related disclosures and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Form 6-K filed November 17, 2020 Exhibit 99.2 Third Quarter 2020 Operational Highlights, page 1 1. We note that during both the second and third quarters of 2020, the total number of paying users of YY decreased compared to the corresponding periods of 2019. Your disclosures indicate this decline was due to COVID-19 impacts. Please revise future filings and supplementally explain in greater detail how COVID-19 negatively impacted the number of paying users of YY while the average mobile MAUs for YY global live streaming services increased over the same periods. Bing Jin JOYY Inc. December 30, 2020 Page 2 Form 20-F for the Year Ended December 31, 2019 Item 5. Operating and Financial Review and Prospects Operating Results, page 93 2. Please revise your future filings beginning with your Form 20-F for the period ended December 31, 2020 to provide updated disclosures about the specific impacts of COVID- 19 on your operations, liquidity and capital resources. Please refer to CF Disclosure Guidance: Topic 9A, which is available on the Commission's website. In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Lisa Haynes Etheredge, Staff Accountant at (202) 551-3424 or Robert Littlepage, Accountant Branch Chief at (202) 551-3361 with any questions. FirstName LastNameBing Jin Sincerely, Comapany NameJOYY Inc. Division of Corporation Finance December 30, 2020 Page 2 Office of Technology FirstName LastName