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January 6, 2024
Benchmark reaffirmed their hold rating on shares of JOYY (NASDAQ:YY – Free Report) in a research report report published on Tuesday, MarketBeat reports. Separately, StockNews.com raised JOYY from a hold rating to a buy rating in a research report on Friday, December 1st. Four research analysts have rated the stock with a hold rating and […]
January 6, 2024
Key Insights Institutions' substantial holdings in JOYY implies that they have significant influence over the company's...
January 4, 2024
JOYY (NASDAQ:YY – Get Free Report) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Wednesday. Separately, Benchmark restated a “hold” rating on shares of JOYY in a report on Tuesday. Four investment analysts have rated the stock with a hold rating […]
January 2, 2024
The failure of the deal casts a shadow on search engine giant Baidus ambition to diversify its revenue. The company proposed to acquire JOYYs video-based entertainment live streaming business in China, known as YY Live, in 2020.
January 2, 2024
Baidu affiliate Moon SPV Ltd terminated the share purchase agreement with JOYY because the conditions of closing the deal it provided for "had not been fully satisfied" as of the end of 2023, Baidu said in an exchange filing on Monday.
January 2, 2024
Cancelling the YY Live acquisition is expected to help Baidu put more teeth into its artificial intelligence-centric business and product strategy.
January 2, 2024
Baidu's $3.6 billion deal with live-streaming platform JOYY was terminated after failing to get "necessary regulatory approvals" before the set deadline.
January 1, 2024
HONG KONG (Reuters) -Baidu has terminated its planned $3.6 billion acquisition of Nasdaq-listed JOYY Inc's China live-streaming business, the company said on Monday in a filing with the Hong Kong stock exchange. 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.
January 1, 2024
According to a Monday stock market filing, Chinese tech giant Baidu canceled its $3.6 billion acquisition of JOYY Inc.'s live-streaming subsidiary, YY Live.
December 11, 2023
Shares of JOYY Inc. (NASDAQ:YY – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the five research firms that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 […]