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China's Baidu cancels $3.6bn purchase of livestreaming site

China’s Baidu cancels $3.6bn purchase of livestreaming site - Business - BEIJING: Chinese internet giant Baidu has said it was cancelling the planned multi-billion-dollar purchase of livestreaming platform YY Live, partly blaming it. ....

Hong Kong , Robin Li , Inc Chinese , China S , 9 6bn ,

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

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. ....

Hong Kong , Jan Harvey , Linc China , Summer Zhen , Hong Kong Stock Exchange ,

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

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. ....

Hong Kong , Indian School Of Business , Linc China , Offering College , Tech Prowess , High Value Skill , Data Science For , Joyys China Live Streaming Unit , Yy Live , Regulatory Approvals , Antitrust Regulator ,

HONG KONG (Reuters)  Baidu has terminated its planned $3.6 billion acquisition of Nasdaq-listed Joyy's China livestreaming business, the c ....

Hong Kong , Hong Kong Stock Exchange , Nasdaq Listed Joyy , Hong Kong Stock , Joyy S ,