Baidu terminates $3.6 billion purchase of JOYY's China live-streaming unit

The failure of the deal casts a shadow on search engine giant Baidu's ambition to diversify its revenue. The company proposed to acquire JOYY's video-based entertainment live streaming business in China, known as YY Live, in 2020.

Related Keywords

China ,Hong Kong ,Beijing ,Chinese , ,Reuters ,Linc China ,World News ,Baidu ,Joyy ,