Baidu Terminates $3.6B Deal to Buy JOYY’s China Live-Streaming Business

0
13


Baidu has called off a $3.6 billion deal to buy JOYY’s video-based entertainment live-streaming business in China.

As of the end of December, the closing conditions for the share purchase agreement had yet to be fully satisfied, Baidu said in a filing late Monday.

Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8



Source link