JOYY Inc. has announced the sale of its video-based live streaming business, YY Live, in mainland China to Baidu, Inc. for approximately $2.1 billion in cash. This transaction includes an initial ...
Robin Li, cofounder and CEO of Baidu. Billionaire Robin Li’s Baidu has scrapped its three-year-long bid to acquire Joyy’s Chinese live-streaming platform, YY Live, for $3.6 billion in cash, as ...
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