YY Group Holding Limited Successfully Listed on NASDAQ Capital Market
Industry: Digital Interaction and Technological Innovation
Listing Date: April 2024, NASDAQ Capital Market
Capital Raised: USD 4.5 million
Partner: Tiger Brokers
Headquartered in Singapore, YY Group is dedicated to redefining digital interaction by creating a digital ecosystem centered on innovation and user experience. Its flagship product, YY Circle, utilizes advanced technology to promote user engagement, collaboration, and community building, gradually establishing a leadership position in the Southeast Asian market.
With this fundraising, YY Group plans to launch marketing and promotional campaigns, expand operations in Malaysia, and extend its footprint to Indonesia, Thailand, and the United States, with New York as a key strategic focus. The company will also continue to optimize the YY app and the YY Smart Cleaning app, actively recruiting IT and marketing talents to further enhance product technology and market presence.
On the first day of listing, YY Group’s opening price was $4.7 per share, up 17.5% from the issue price, with a total market capitalization of $194.72 million, demonstrating strong market recognition of its future growth potential. YY Group will continue to expand globally and strive for a leading position in digital interaction and technological innovation.