YYT Food Corporation LLC
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YYT Food Corporation LLC - overview
Established
1996
Location
Dubai, -, United Arab Emirates
Primary Industry
Travel & Leisure
About
YYT Food Corporation LLC is a Dubai-based company specializing in online gaming, particularly through its direct-to-consumer platform offering various casino-style games, including slots and bingo. Founded in 1996, YYT Food Corporation LLC operates an online gaming platform that hosts casino-style games. The company was acquired by a global investment house in June 2016, with financial terms undisclosed. There are no mentions of any changes in business strategy or operations, nor any subsidiaries.
The firm is headquartered in Dubai, United Arab Emirates. YYT Food Corporation LLC's primary offerings include an online gaming platform focused on slot games, notably the PG Slot series. The platform facilitates user engagement through mobile and desktop devices, featuring user-friendly interfaces, 3D graphics, and interactive elements. It caters to a wide audience, especially in the Southeast Asian market, with a focus on Thailand, by providing a secure online environment for deposits and withdrawals through various transaction methods, including bank transfers and e-wallets.
YYT Food Corporation LLC's revenue model is centered on direct sales of gaming credits and subscriptions, allowing users to access premium features and exclusive games. Players can purchase in-game credits or tokens for various gaming activities, with revenue stemming from both free and paid gaming experiences. The company employs promotional strategies to attract new users, which supports ongoing engagement and retention. By emphasizing high-quality offerings and user experience, the company seeks to achieve steady revenue growth within the competitive online gaming sector.
YYT Food Corporation LLC plans to enhance its platform by developing new gaming products and expanding into additional markets. Specific details regarding the upcoming products and their release dates have not been specified. The company aims to target new geographic regions, particularly in Southeast Asia, to broaden its user base. The recent acquisition in June 2016 may provide additional resources for these initiatives, although specific funding allocations were not disclosed.
Current Investors
Global Investment House
Primary Industry
Travel & Leisure
Sub Industries
Snack Foods, Other Food Products, Restaurants & Nightlife
Website
www.yytfoodcorp.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
YYT Food Corporation LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | YYT Food Corporation LLC | - |
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