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Baidu Inc. has acquired the YY Live streaming platform from Joyy Inc., concluding a drawn-out deal that had been in the works since 2020. The operator of China’s leading search engine is paying ...

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 ...

The news: China’s leading search engine Baidu has bought YY Live streaming platform from JOYY Inc as it seeks to diversify its revenue streams. The numbers: Baidu purchased the platform for US$2.1 ...

Baidu Inc. (NASDAQ:BIDU) saw its shares climb in Hong Kong trading on Wednesday after confirming its $2.1 billion acquisition of YY Live from JOYY Inc. (NASDAQ:YY). Baidu’s stock (HK:9888 ...

JOYY Inc, a NASDAQ-listed company, has entered into agreements with Chinese tech giant Baidu to complete the sale of YY Live, its video-based entertainment live-streaming business in Mainland China.

(Bloomberg) -- Baidu Inc. has acquired the YY Live streaming platform from Joyy Inc., concluding a drawn-out deal that had been in the works since 2020. The operator of China’s leading search engine ...