JOYY's deal to sell YY Live to Baidu finally closed. JOYY got an additional $240 million cash payout. Bigo Live's temporary app store removal will likely hurt near term results, but investors will ...

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 ...

(RTTNews) - Baidu Inc. (BIDU) has terminated its $3.6 billion acquisition of JOYY Inc.'s (YY) China live-streaming business, citing unmet closing conditions as of the end of 2023. The conditions ...

HONG KONG, Sept 24 (Reuters) - China's antitrust regulator is unlikely to approve Baidu's (9888.HK), opens new tab $3.6 billion acquisition of JOYY Inc's (YY.O), opens new tab video-based domestic ...

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 ...