[] [DEPOSIT AGREEMENT DEPOSIT AGREEMENT Company Depositary W I T N E S S E T H T H A T: WHEREAS WHEREAS WHEREAS WHEREAS WHEREAS NOW, THEREFORE ARTICLE I. DEFINITIONS All capitalized terms used, but not otherwise defined, herein shall have the meanings set forth below, unless otherwise clearly indicated: Affiliate SECTION 1.1 “ Agent SECTION 1.2 “ 1 American] [6 March, 2013 Matter No.: 877858 Doc Ref: 2808986v1 (852) 2842 9551 Paul.lim@conyersdill.com YY Inc. Building 3-08, Yangcheng Creative Industry Zone No. 309 Huangpu Avenue Middle Tianhe District Guangzhou 510655 China Dear Sirs, YY Inc. ( “Company”) Re: Commission Registration Statement Securities Act Common Shares Plan Minutes Certificate Date For the purposes of giving this opinion, we have examined copies] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM PricewaterhouseCoopers Zhong Tian CPAs Limited Company Shanghai, the People’s Republic of China March 6, 2013 PricewaterhouseCoopers Zhong Tian CPAs Limited Company, 11/F PricewaterhouseCoopers Center 2 Corporate Avenue, 202 Hu Bin Road, Huangpu District, Shanghai 200021, PRC T: +86 (21) 2323 8888, F: +86 (21) 2323 8800, www.pwccn.com EX-23.1 4 d497393dex231.htm EX-23.1]

[PART I INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS STYLE="font-family:Times New Roman" SIZE="2"> Item1. Plan Information* Item2. * Information required by Part I to bentained in the Section10(a) prospectus is omitted from this registration statement in accordance with Rule 428 under the Securities Act and the Note to Part I of Form S-8. The documentsntaining] [DEPOSITREEMENT by and among YY Issuer, DEUTSCHE BANK TRUSTMPANY AMERICAS STYLE="font-family:Times New Roman" SIZE="2">as Depositary, AND THE HOLDERS AND BENEFICIAL OWNERS OF AMERICAN DEPOSITARY SHARES EVIDENCED BY STYLE="font-family:Times New Roman" SIZE="2"> AMERICAN DEPOSITARY RECEIPTS ISSUED HEREUNDERted of November 20, 2012 DEPOSITREEMENT DEPOSITREEMENTmpany] [STYLE="font-family:Times New Roman" SIZE="2">6March, 2013 Matter No.: 877858 Doc Ref: 2808986v1 (852) 2842 9551 Paul.lim@conyersdill.com YY Building 3-08, Yangcheng Creative Industry Zone No.309 Huangpu Avenue Middle STYLE="font-family:Times New Roman" SIZE="2">Tianhe District Guangzhou 510655 STYLE="font-family:Times New Roman" SIZE="2">China Dear Sirs, YY (mpany) STYLE="font-family:Times New Roman" SIZE="2">Re:mmission Registration Statement] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM PricewaterhouseCoopers Zhong Tian CPAs Limitedmpany Shanghai, the Peoples Republic of China March6, 2013 PricewaterhouseCoopers Zhong Tian CPAs Limitedmpany, 11/F PricewaterhouseCoopers Center 2rporate Avenue, 202 Hu Bin Road, Huangpu District, Shanghai 200021, T: +86 (21) 2323 8888, F: +86 (21) 2323 8800, www.pwccn.com]