D avid Xueling Li is a Chinese technology entrepreneur and the co-founder, chairman, and CEO of JOYY Inc. (formerly known as YY), a leading social media and live-streaming platform in China. A former journalist, Li founded the company in 2005 and has built it into a major player in China's highly competitive internet landscape. JOYY was a pioneer in the live-streaming industry.
The company's platforms, including YY Live, allow users to watch and interact with streamers in real-time, who perform everything from singing and dancing to gaming. The business model is based on users purchasing virtual gifts to give to their favorite streamers, with the company taking a cut. He also spun off the company's gaming division, Huya, which became a leading game-streaming platform in China. In 2020, he sold YY Live to the Chinese search giant Baidu for $3.6 billion, though the deal later faced complications. He also controls a stake in the Singapore-based short-video platform Bigo.
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