YY Group is a Singapore-based staffing and facilities management company with two core service lines. In manpower outsourcing, YY Group operates the YY App, a mobile platform that matches gig and full-time workers with employers across hospitality, food and beverage, retail, and logistics. Employers post jobs and manage attendance through the app; YY Group handles screening, onboarding, and payroll. YY Group charges a cost-plus fee per worker deployed, keeping the spread between the worker's hourly rate and the customer's billing rate. In integrated facilities management (IFM), YY Group provides cleaning, security, and pest control services to commercial customers including hotels, malls, hospitals, and office buildings under multi-year contracts. IFM pricing is either headcount-based or performance-based, anchored to local minimum wage regulations. YY Group supports its cleaning operations with the Smart iClean App, an IoT-enabled platform using sensors to monitor restroom conditions in real time and direct cleaning staff accordingly. IFM accounts for roughly 57% of revenue, with manpower outsourcing at roughly 40%. The business is capital-light and labor-intensive. YY Group is expanding aggressively through acquisitions and new entity formation across Malaysia, Vietnam, Australia, the UAE, and the U.S., among others, adding pest control, security, and digital marketing businesses along the way. This expansion has been funded through equity issuances and convertible notes.
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