Baidu Acquires JOYY's Live-Streaming Business In China For $2.1 Billion

Reuters
25 Feb

Feb 25 (Reuters) - Baidu 9888.HK said on Tuesday it has acquired JOYY's YY.O live-streaming business in mainland China in a deal for about $2.1 billion.

JOYY shares surged 11% on the news.

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