Announced

YY Group to acquire YY Circle.

Synopsis

YY Group, a technology-enabled platform, agreed to acquire YY Circle, a travel and shopping technology platform. Financial terms were not disclosed. “Hong Kong’s vibrant casual labour market provides a unique opportunity for YY Group to deliver impactful solutions that ease the workforce challenges faced by businesses. Our financial projection of HK$15.03 million (approximately US$1.92 million) for the first fiscal year highlights the immense potential and value we see in this market,” Mike Fu, YY Group CEO and Executive Director.

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