Baidu buys JOYY's live-streaming unit in China for $2b amid digital video push

Baidu buys JOYY's live-streaming unit in China for $2b amid digital video push

Baidu said on Tuesday it has bought JOYY’s China livestreaming business for about $2.1 billion, reviving a deal that fell through a year ago, as the search giant doubles down on the fast-growing digital video market.

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