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Baidu buys YY Live platform for $2.1 bn
Mint Ahmedabad
|February 26, 2025
Baidu Inc. has acquired the YY Live streaming platform from Joyy Inc., concluding a drawn-out deal that had been in the works since 2020.
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The operator of China's leading search engine is paying roughly $2.1 billion for YY Live, it said Tuesday. Baidu and Joyy had previously agreed terms on a $3.6 billion takeover, however regulators did not approve that
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