Baidu to acquire Joyy’s Chinese live-streaming service YY for $3.6B

Baidu said on Monday it is acquiring Joyy’s live streaming service YY Live in China for $3.6 billion in an all-cash deal as the Chinese internet giant makes a further push to diversify beyond its core search business. The announcement, which Baidu shared on the sidelines of its quarterly earnings, is the Chinese firm’s biggest […]

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