YY Inc., a Chinese social platform that enables communication via voice, text and video, raised $82 million by offering 7.8 million ADSs at $10.50, the low end of the range of $10.50 to $12.50. YY Inc. plans to list on the NASDAQ under the symbol YY. Morgan Stanley, Deutsche Bank and Citi acted as lead managers on the deal, which is the first Chinese ADR since Vipshop (VIPS) went public in March.
