Contrarian Corpus
Muddy Waters vs. Joyy Inc.

Joyy Inc. · YY

1 deck published between 2020-11-18 and 2020-11-18 — 71 pages, 71 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2020-11-18 initial thesis

    2020 11 MW_YY_11182020

    71pp · research_note

    JOYY is a multibillion-dollar fraud: ~90% of YY Live and ~80% of Bigo revenue is fabricated via bots and gift roundtripping, and Baidu's pending $3.6bn acquisition is buying air.