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The world’s most valuable startup continues its horizontal expansion while targetting international markets.

Among JOYY’s 520.1 million mobile monthly active users, 77% are from overseas markets.

The firm’s value has risen more than a third within two years.

The 58-year-old businessman will also serve as chief operating officer of ByteDance.

YY’s Likee already has over 115 million monthly active users worldwide and is growing fast.

The accelerator was launched in March with a USD 125 million fund.

The world’s most valuable startup is hiring in Singapore and other locations around the globe.

The ambitious leadership behind ByteDance is planning international expansion while leaving the China market to trusted hands who created Douyin and TikTok.