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Baidu terminates $3.6 billion purchase of JOYY#39;s China live-streaming unit

The failure of the deal casts a shadow on search engine giant Baidu#39;s ambition to diversify its revenue. The company proposed to acquire JOYY#39;s video-based entertainment live streaming business in China, known as YY Live, in 2020.

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​ The failure of the deal casts a shadow on search engine giant Baidu#39;s ambition to diversify its revenue. The company proposed to acquire JOYY#39;s video-based entertainment live streaming business in China, known as YY Live, in 2020. The failure of the deal casts a shadow on search engine giant Baidu#39;s ambition to diversify its revenue. The company proposed to acquire JOYY#39;s video-based entertainment live streaming business in China, known as YY Live, in 2020.  Moneycontrol Latest News Read More  

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