JOYY Inc. (NASDAQ: YY) saw its stock soar 5.01% intraday on Friday, following news that its subsidiary YY Smart Tech (YYST) is strengthening its partnership network to deliver cutting-edge technology solutions across Asia.
According to a company press release, YYST has partnered with leading solution providers and system integrators to offer innovative services in cybersecurity, IT infrastructure, and operational technology to clients in various sectors, including government, banking, and enterprise.
The strategic alliances, valued at $5 million over three years starting in 2025, are expected to empower YYST to provide exceptional value to customers while enhancing service delivery. Key partners include Infinity Cybersecurity, which will help drive secure and optimized technological solutions.
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