FilingReader Intelligence
Baidu acquires JOYY's live streaming business in China
February 25, 2025 at 12:00 PM UTC•By FilingReader AI
Baidu, Inc. (HKEX: 9888) announced it has finalized the acquisition of JOYY Inc's live streaming business in mainland China, known as YY Live. The transaction, completed on February 25, 2025, involved a purchase price of approximately US$2.1 billion.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
HKEX:9888•Hong Kong Exchange
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