JOYY Inc. Reaffirms Safety Amid App Store Removals

TL;DR

JOYY doubles down on safety after Bigo Live got booted from app stores, promising compliance and new measures.

AI Summary

On December 20, 2024, JOYY Inc. (Nasdaq: YY) issued a statement reaffirming its commitment to community safety following recent media reports and the temporary removal of its app Bigo Live from the iOS App Store and Google Play Store. The company stated it is fully committed to complying with all relevant regulations and is implementing enhanced safety measures.

Why It Matters

This filing addresses concerns about JOYY's platform safety and its app's availability, which could impact user trust and revenue.

Risk Assessment

Risk Level: medium — The removal of Bigo Live from major app stores indicates significant compliance or safety issues that could lead to further regulatory scrutiny or financial impact.

Key Players & Entities

• JOYY Inc. (company) — Filer of the report
• YY (company) — Ticker symbol for JOYY Inc.
• Bigo Live (company) — JOYY's app mentioned in the filing
• December 20, 2024 (date) — Date of the statement

FAQ

Filing Documents

• tm2431608d1_6k.htm (6-K) — 10KB
• 0001104659-24-130399.txt ( ) — 11KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of December 2024 Commission File Number: 001-35729 JOYY Inc. 30 Pasir Panjang Road #15-31A Mapletree Business Singapore 117440 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F þ Form 40-F JOYY Reaffirms Community Safety as Top Priority and Implements Enhanced Safety Measures On December 20, 2024, JOYY Inc. (Nasdaq: YY) (“JOYY” or the “Company”), a global technology company, issued the following statement in response to recent media reports on Bigo Live and the app’s recent removal from iOS App Store and Google Play Store. JOYY reaffirms that the safety and well-being of its user community is its top priority. JOYY is fully committed to complying with all relevant regulatory standards and industry guidelines, while continuously updating its community guidelines to keep pace with the evolving landscape of digital safety. JOYY maintains a zero-tolerance policy against any malicious and unlawful use of its platform, including child exploitation. Since its recent app removal, JOYY has implemented a series of enhanced rules and measures, particularly with regard to user-generated content, to further protect users from harmful content and to prevent the malicious and unlawful use of its platform. JOYY is also actively collaborating with relevant authorities, such as the National Center for Missing & Exploited Children (NCMEC), to report violations, to hold offenders to account, and to prevent, detect, and combat any potential malicious or unlawful use of its platform. On December 20, 2024, Bigo Live has been reinstated on Google Play Store. JOYY is currently fully engaged in discussions with Apple, and intends to work closely with the platform to show that Bigo Live meets its internal policies for reinstatement to iOS App Store. Until the app’s reinstatement, Bigo Live remains unavailable for download on iOS App Store, while its existing users who had previously downloaded the app may continue to use the current version. Apart from the suspension of app availability to new users on iOS App Store as announced in this release, JOYY maintains normal operations globally. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. JOYY INC. /s/ Ting Li Name: Ting Li Title: Chairman and Chief Executive Officer Date: December 20, 2024

View Full Filing

View this 6-K filing on SEC EDGAR